Question
A company pays its employees $15,000 for a 5 day work week ending on Friday. Its journal entry would be: a. debit Cash; credit
A company pays its employees $15,000 for a 5 day work week ending on Friday. Its journal entry would be: a. debit Cash; credit Salary Expense. b. debit Salary Expense; credit Cash. c. debit Salaries Payable; credit Salary Expense. d. debit Salary Expense; credit Salaries Payable.
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
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