«basic accounting» ?$500 salary was calculated for the director of the enterprise. Give a double entry

?Identify one of the main documents to be formalized when hiring an employee. DIRECTOR’S ORDER
?Identify one of the Principles of Accounting. COMPREHENSIBILITY
?Identify one of the types of wages. RETROACTIVE PAY
?Identify the components of accounting. FINANCIAL ACCOUNTING, MANAGERIAL ACCOUNTING, TAX ACCOUNTING
?Identify the correct answer that is one of the components of private capital. RESERVES FOR FUTURE EXPENSES AND PAYMENTS
?Identify the line that shows the correct classification of costs MATERIAL COST, LABOR COST, OTHER EXPENSES
?If the management of the enterprise is dismissing an employee, what kind of payment should be paid to this employee before dismissal?
?If you have nonexempt employees, you must follow overtime laws. Under the Fair Labor Standards Act, you are required to pay overtime wages to nonexempt employees who work more than 40 hours in one workweek. What type of wages are these ideas about? OVERTIME WAGES
?If you pay salaries, is your expense increasing or decreasing? INCREASING
?If you purchase a motor vehicle, is your asset value increasing or decreasing? INCREASING
?If you receive a telephone bill, is your expense increasing or decreasing?
?If you receive notification from the bank that you have been charged bank fees, is your asset (the bank account) increasing or decreasing? DECREASING
?If you refund fees paid by a customer is your revenue increasing or decreasing? DECREASING
?If you sell a motor vehicle is your asset value increasing or decreasing? DECREASING
?If you take out a bank loan, is your liability increasing or decreasing? INCREASING
?If you write off an amount owed by a debtor as a bad debt, is your asset (debtors) increasing or decreasing? DECREASING
?In accounting, the word expenses has the same meaning as the word payments. FALSE
?In which document is the employee's salary and vacation days reflected? LABOR CONTRACT