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Western Industries Pays Employees on a Weekly Basis on Tuesday

Question 24

Multiple Choice

Western Industries pays employees on a weekly basis on Tuesday for the week ended the previous Friday. Employees' compensation is earned evenly each day over a 5-day work week. This year, April 30 fell on Thursday. Payroll costs for the week ended May 1 follow: Western Industries pays employees on a weekly basis on Tuesday for the week ended the previous Friday. Employees' compensation is earned evenly each day over a 5-day work week. This year, April 30 fell on Thursday. Payroll costs for the week ended May 1 follow: Excluding payroll taxes, what amount should be accrued to the payroll account for the period ended April 30? A) $57,500 B) $46,000 C) $42,500 D) $34,000 Excluding payroll taxes, what amount should be accrued to the payroll account for the period ended April 30?


A) $57,500
B) $46,000
C) $42,500
D) $34,000

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