When a firm with a 6-day workweek pays employees on Saturday. If the firm's year ends on a Saturday and gross salary for the week is 12000 how much salary expense is accrued at year end?

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1285156

2026-03-07 00:15

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If the firm's year ends on a Saturday and the gross salary for the week is $12,000, then the entire amount is considered salary expense for that week. Since employees are paid on Saturday, this amount will be accrued as a salary expense at year-end, as it is owed to employees for the work they have completed in that week. Therefore, the accrued salary expense at year-end would be $12,000.

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