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Assume That The Weekly Payroll Of In The Woods Camping Supplies Is $310. December 31, End Of The Year, Falls On Tuesday, And In The

Assume That The Weekly Payroll Of In The Woods Camping Supplies Is $310. 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.) OA Accounts And Explanation Debit Credit 124 Salaries Expense Cash

 


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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.) | Cash 124 ??. Accounts and Explanation Debit Credit Salaries Payable 310 Salaries Expense 310 Oc. Accounts and Explanation Debit Credit Salaries Expense 124 Salaries Payable OD. No adjustment is needed because the company will pay the payroll on Friday, 124
image text in transcribed

 

Assume that the weekly payroll of In the Woods Camping Supplies is $310. 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.) OA. Accounts and Explanation Salaries Expense Debit Credit 124 Cash 124 O Accounts and Explanation Debit Credit Salaries Payable 310 Salaries Expense 310 C. Accounts and Explanation Debit Credit

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