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Dean's Delivery Company uses accrual accounting. The company's employees work Monday through Friday and earn $20,000 per day. Employees are paid every Friday. If Dean's
Dean's Delivery Company uses accrual accounting. The company's employees work Monday through Friday and earn $20,000 per day. Employees are paid every Friday. If Dean's Delivery Company's accounting period ends on a Wednesday, the required adjusting entry includes a O $40,000 increase in Salaries Expense. O $60,000 increase in Salaries Expense. a $60,000 decrease in Cash. O a $60,000 increase in Unearned Salaries Question 23 2 pts Lydia's Lighting Company purchases $15,000 of new lighting fixtures on account. The lighting fixtures are used in the company's corporate headquarters. The company's purchase results in an increase in Equipment and an increase in Accounts Payable. an increase in Supplies and a decrease in Cash. O an increase in Equipment and a decrease in Cash O an increase in Supplies and an increase in Accounts Payable
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