Question: Please, help me solve this. I need the numbers. Soletsky, Inc. employs 44 workers in its plant. Each employee is paid $10 per hour and

Please, help me solve this. I need the numbers.

Soletsky, Inc. employs 44 workers in its plant. Each employee is paid $10 per hour and works seven hours per day, Monday through Friday. Employees are paid every Friday. The last payday was Friday, September 19.

3) Denton prepares monthly financial statements. Identify and analyze the adjustment on Tuesday, September 30, the last day of the month. How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign.

Assets = Liabilities + Stockholders' Equity Revenues - Expenses = Net Income

No entry 0 = Wages Payable ? + ? No Entry 0 - Wages Expenses ? = ?

4. Identify and analyze the transaction on Friday, October 3, for the payment of the weekly payroll. How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign.

Assets = Liabilities + Stockholders' Equity Revenues - Expenses = Net Income

Cash ? = Wages Payable ? + ? No Entry 0 - Wages Expenses ? = ?

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