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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
A business pays weekly salaries on Friday of $25,000 for a five-day week ending on Friday. Assuming the fiscal period ends on a Wednesday, the adjusting entry for accrued salaries would involve a:
A) debit to salary payable for $10,000.
B) debit to salary expense for $15,000.
C) credit to salary payable for $10,000.
D) credit to salary expense for $15,000.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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6 years ago
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harra Author
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#2
6 years ago
Can't believe how you found this in the textbook, great answer.
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