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bravata bravata
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Posts: 1417
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7 years ago
Salary expense is $2,200 per day, Monday through Friday, and the business pays employees each Friday. If December 31 falls on a Tuesday, the adjusting entry to record accrued salaries would be to:
A) debit Salaries Payable, $2,200; credit Salaries Expense, $2,200.
B) debit Salaries Expense, $4,400; credit Salaries Payable, $4,400.
C) debit Salaries Expense, $2,200; credit Salaries Payable, $2,200.
D) debit Salaries Payable, $4,400; credit Salaries Expense, $4,400.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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