Sandra's Styling Salon, a Sole Proprietorship, pays weekly salaries of $5,000 each Friday for a five-day week ending on that day. If $4,000 is accrued as Salaries Payable in the current fiscal period, the payment of salaries on the first Friday of the next fiscal period will include how much?

Answer rating: 100% (QA)

Answer Step 1 i Payroll expenses refer to amounts paid to the staff ... View the full answer