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39 Not yet answered Marked out of 1.00 P Flag question Petite co. pays its employees twice a month, on the 7 and the 21.
39 Not yet answered Marked out of 1.00 P Flag question Petite co. pays its employees twice a month, on the 7 and the 21. On June 21, Boise Co. paid employee salaries of $7,000. This transaction would Select one: a. be recorded by a $7,000 debit to Salaries and Wages Payable and a $7,000 credit to Salaries and Wages Expense b. decrease the balance in Salaries and Wages Expense by $7,000 c. decrease net income for the month by $7,000. d. increase owner's equity by $7,000. th
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