15.At Walker Corp. the employees salaries are $1000 per day. The employees will not receive their salaries' checks until April 2. Based on services performed from March 20 to March 31. The adjusting entry for Walker Corp. on March 31 will include:(2 Points)

A credit to Salaries and Wages Payable for 5000

A credit to Salaries and Wages Payable for 11000

A credit to Cash for 15000

A credit to Salaries and Wages Expense for 11000

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16.If total liabilities increase by $6,000 then(2 Points)

assets increase by $6,000, or equity decrease by $6,000.

equity increase by $6,000.

assets decrease by $6,000.

assets and equity each increase by $3,000.

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17.Which of the following items does not result in an entry to the Inventory account under a perpetual system?(2 Points)

A return of Inventory to the supplier

Payment of freight costs for goods shipped to a customer

Payment of freight costs for goods received from a supplier

A purchase of merchandise