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Please answer all three questions per chegg guildlines. thank you 37. Marks Brothers pays employees a total of $5,000 salary each (5-day) work week. Employees

Please answer all three questions per chegg guildlines. thank you

37. Marks Brothers pays employees a total of $5,000 salary each (5-day) work week. Employees are paid every Friday. If December 31 (the year-end) falls on a Tuesday, what is the amount of salary expense recorded on that date?

a. $ 0

b. $2,000

c. $3,000

d. $5,000

38. Doug Partners had the following information for the year?

Service Revenues 20,000
Depreciation Expense 6,000
Rent Expense 4,000
Supplies Expense 3,000
Dividends 1,000

If retained earnings were $66,000 at the beginning of the year, what are retained earnings at the end of the year?

$ 58,000

$ 72,000

$ 86,000

$100,000

40. From the list below, select all items that are current assets on the Balance Sheet.

Cash

Accounts receivable

Prepaid expenses

Supplies

Accounts payable

Salary payable

Unearned revenue

Loans payable

Equipment

Land

Accumulated depreciation

Common stock

Retained earnings

Dividends

Service revenue

Depreciation expense

Rent expense

Utilities expense

Salary expense

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