please help with accounting

1 question with 5 parts, please answer all parts :)

A company pays its employees $5,000 every Friday for weekly salaries. However, the end of the period is on Wednesday. Given this information, what is the adjusting journal entry the company should make on Wednesday to accrue for salaries? Dr. Salaries Expense 5,000; Cr. Cash 5,000 Dr. Salaries Expense 3,000; Cr. Cash 3,000 Dr. Salaries Expense 3,000; Cr. Salaries Payable 3,000 Dr. Salaries Expense 5,000; Cr. Salaries Payable 5,000 Below is select account information for Leah Co. - Cash: 5,000 - Accounts payable: 6,000 - Service revenue: 12,000 - Inventory: 7,000 - Advertising expense: 1,000 - Equipment: 20,000 - Common stock: 25,000 - Notes payable: 12,000 - Accounts receivable: 8,000 - Utilities expense: 800 - Salaries and wages expense: 3,400 What is the net income for the period? Salaries and wages expense: 3,400 What is the net income for the period? $8,800 $18,800 $14,800 $6,800 Which of the following options is true regarding an effective internal control system? Prevents employees from making any mistakes Eliminates all fraud by employees Helps safeguard company assets Eliminates all errors from occurring The Sarbanes-Oxley Act (SOX) requires which of the following conditions or practices? The CEO and CFO must also perform an audit of the financial statements. All auditors must have a minimum of 20 years experience. Management must take responsibility for establishing and maintaining adequate internal controls. Auditors must be employees of the company they are auditing. Which of the following options is true for a classified balance sheet? Is the same as an unclassified balance sheet Reports current and noncurrent retained earnings Orders assets based on liquidity Classifies common stock into current and long-term