In January 2018, Oriole Company estimated that its year-end bonus
to executives would be $958000 for 2018. The actual amount paid for the year-end bonus for 2017 was $878000. The estimate for 2018 is subject to year-end adjustment. What amount, if any, of expense should be reflected in Oriole's quarterly income statement for the three months ended March 31, 2018?
Questions & Answers
Have a Question?
Be the first to ask a question about this.