A company five day weekly payroll of 890 is paid on Fridays. Assume that the last day
Question:
a) Salaries payable- debited 534: salaries expense -credited 534
B) Salaries expense-debited 534: salaries payable -credited 534
C) Salaries payable -debited 356: salaries expense - credited 356
D) Salaries expense debited 356: salaries payable 356
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The correct option is Option D Salaries expense debited 356 salaries p...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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