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A company's weekly five-day payroll is $400, paid on Fridays. If the last day of the month falls on a Tuesday, the adjusting entry would
A company's weekly five-day payroll is $400, paid on Fridays. If the last day of the month falls on a Tuesday, the adjusting entry would be Select one: O a. Debit Salaries Expense and credit Cash for $160 O b. Debit Salaries Payable and credit Salaries Expense for $240 OcDebit Salaries Expense and credit Salaries Payable for $160 Od Debit Salaries Expense and credit Salaries Payable for $240
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