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For teaching services provided from September of one year through June of the following year a School contracts to pay teachers in twelve monthly installments

For teaching services provided from September of one year through June of the following year a School contracts to pay teachers in twelve monthly installments over the period September of one year through August of the next year. For the current academic year, the total contractual salaries to be paid to teachers are $360,000. The amount that should be accrued at the end of June is
Multiple Choice
$30,000
$36,000
$30,000, plus benefits
None of the other alternatives are correct
$36,000, plus benefits

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