Learning Library Inc pays its full-time librarian $5,000 every Friday for working a Monday to Friday work week. For the year 2020, the company's year-end falls on a Tuesday. What adjusting entry would need to be made related to accrued salaries? O a. credit to salary payable for $5,000 O b. debit to salary expense for $2,000 O c. debit to salary payable for $3,000 Od credit to salary expense for $2,000 California Melons Ltd provided you with the following listing of year end adjusted balances: Sales Revenue $230,000 $22,000 Income Tax Expense Rent Expense Insurance Expense $100,000 $71,000 Cost of Goods Sold $100,000 $21,000 Interest Income Gain on Disposal of Land Interest Expense $73,000 $31,000 Given the above information, operating income (loss) is equal to: Oa ($166,000) b. $22,000 OC ($41,000) Od ($23,000) Below is an excerpt from Wilma Inc's unadjusted trial balance which has a December 31 year end: Land $275,000 The land is expected to be used for 10 years. The entry required at December 31 would consist of which of the following? a. No entry O b. debit to Depreciation Expense for $27,500; credit to Accumulated Depreciation for $27,500 c. debit to Accumulated Depreciation for $27,500 Od debit to Depreciation Expense for $27,500 Below is an excerpt from Wilma Inc's unadjusted trial balance at December 31, 2021: Building Accumulated Depreciation - Building $280,000 $(18,000) The building was acquired on January 1 and the annual depreciation for the entire year is equal to $21,600. The adjusting entry required at December 31 would include a: a. debit to Depreciation Expense for $3,600 b. debit to Accumulated Depreciation for $21,600 OC. debit to Accumulated Depreciation for $3,600 d. debit to Depreciation Expense for $21,600 Next page