answer multiple choice 1 and 2

Assume that the weekly payroll of In the Woods Camping Supplies is $300. December 31 , end of the year, falls on Tuesday, and In the Woods will pay its employee on Friday for the full week. What adjusting entry will In the Woods make on Tuesday, December 31 ? (Use five days as a full workweek.) Select one: a. debit salaries payable salaries expense and credit b. salaries expense and credit cash c. debit salaries expense and credit salaries payable d. No adjustment is needed because the company will pay the payroll on Friday Barleley's Accessory Shop started the year with total assets of $210,000 and total liabilities of $120,000. During the year the business recorded $330,000 in revenues, $165,000 in expenses, and dividends of $60,000. The net income reported by Barleley's Accessory Shop for the year was Select one: a. $195,000. b. $150,000. c. $120,000. d. $165,000 Assume that the weekly payroll of In the Woods Camping Supplies is $300. December 31 , end of the year, falls on Tuesday, and In the Woods will pay its employee on Friday for the full week. What adjusting entry will In the Woods make on Tuesday, December 31 ? (Use five days as a full workweek.) Select one: a. debit salaries payable salaries expense and credit b. salaries expense and credit cash c. debit salaries expense and credit salaries payable d. No adjustment is needed because the company will pay the payroll on Friday Barleley's Accessory Shop started the year with total assets of $210,000 and total liabilities of $120,000. During the year the business recorded $330,000 in revenues, $165,000 in expenses, and dividends of $60,000. The net income reported by Barleley's Accessory Shop for the year was Select one: a. $195,000. b. $150,000. c. $120,000. d. $165,000