Flagg records adjusting entries at its december 31 year-end. at december 31, employees had earned $13,600 of unpaid and unrecorded salaries. the next payday is january 3, at which time $34,000 will be paid. prepare the journal entry on january 3 to record payment assuming the adjusting and reversing entries were made on december 31 and january 1.a. debit salaries expense $9,200; credit salaries payable $9,200.
b. debit salaries expense $13,800; debit salaries payable $9,200; credit cash $23,000.
c. debit salaries payable $13,800; credit cash $13,800.
d. debit salaries payable $9,200, credit salaries expense $9,200.
e. debit salaries expense $13,800; credit salaries payable $13,800.

Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500