Abusiness provides its employees with varying amounts of vacation per year, depending on the length of employment. the estimated amount of the current year’s vacation pay is $30,000. required: a. journalize the adjusting entry required on january 31, the end of the first month of the current year, to record the accrued vacation pay. refer to the chart of accounts for exact wording of account titles. b. how is the vacation pay reported on the company’s balance sheet? when is this amount removed from the company’s balance sheet?

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b