Question

A company pays its employees $3,750 each Friday, which amounts to $750 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked

through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:

Answer 1

The amount of salaries earned but unpaid at the end of the accounting period is $3,750, as this is the amount that the company pays its employees each Friday. This amount corresponds to the five days of work that the employees have completed since the start of the accounting period on Monday, or $750 per day.