Question
5) The firm pays its airborne delivery manager, The Yellow Canary, her monthly salary of $4,000. a) debit Cash 4,000, credit Salary Payable 4,000 b)
5) The firm pays its airborne delivery manager, The Yellow Canary, her monthly salary of $4,000. a) debit Cash 4,000, credit Salary Payable 4,000 b) debit Salary Payable 4,000, credit Cash 4,000 c) debit Salary Expense 4,000, credit Cash 4,000
7) The firm receives a $1,500 invoice from Adidas for all the work Adidas did repairing the firms worn-out shoes during the month. a) debit Repair Expense 1,500, credit Accounts Payable 1,500 b) debit Cash 1,500, credit Repair Expense 1,500 c) debit Repair Expense 1,500, credit Unearned Revenue 1,500 d) debit Cash 1,500, credit Accounts Payable 1,500
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