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A business in Jordan pays weekly salaries of JOD200,000 on Thursday for a five-day week ending on that day. The adjusting entry necessary at the
A business in Jordan pays weekly salaries of JOD200,000 on Thursday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Tuesday is; Select one: O debit Salaries Expense, JOD80,000; credit Salaries Payable, JOD80,000. O debit Salaries Expense, JOD120,000; credit Cash, JOD120,000. a O debit Salaries Expense, JOD120,000; credit Salaries Payable, JOD120,000. O debit Salaries Payable, JOD120,000; credit Cash, JOD120,000
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