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A business pays weekly salaries of $20,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of

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A business pays weekly salaries of $20,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Thursday is of Select one: a. debit Salaries Expense, $16,000 credit salaries Payable, $16.000. b. debit Salaries Expense, $16.000 credit cash, $16.000, a debit Salaries Payable $16,000 credit cash $16.000. d. debit Salaries Expense. $4.000 credit Salaries Payable, $4,000 courses 20201 exam (1) (1) - chart of accounts is a b tone: a. required step in the recording process. listing of the accounts and the account numbers which identify their location in ledger device used to prove the mathematical accuracy of the ledger 1. list of accounts and their balances at a given time. Return to: General Previous page Next page A business pays weekly salaries of $20,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Thursday is of Select one: a. debit Salaries Expense, $16,000 credit salaries Payable, $16.000. b. debit Salaries Expense, $16.000 credit cash, $16.000, a debit Salaries Payable $16,000 credit cash $16.000. d. debit Salaries Expense. $4.000 credit Salaries Payable, $4,000 courses 20201 exam (1) (1) - chart of accounts is a b tone: a. required step in the recording process. listing of the accounts and the account numbers which identify their location in ledger device used to prove the mathematical accuracy of the ledger 1. list of accounts and their balances at a given time. Return to: General Previous page Next page

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