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Business, 24.03.2020 21:16 cameron12502
A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is: Multiple Choice Debit Salaries Expense $1,260 and credit Salaries Payable $1,260. Debit Salaries Payable $840 and credit Salaries Expense $840. Debit Unpaid Salaries $1,260 and credit Salaries Payable $1,260. Debit Salaries Expense $840 and credit Salaries Payable $840.
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A company pays each of its two office employees each Friday at the rate of $210 per day for a five-d...
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