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Question 11 5 pts A business pays weekly salaries of $25,000 on Friday for a five-day week ending on that day. The adjusting entry
Question 11 5 pts A business pays weekly salaries of $25,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is O debit Salaries Payable, $10,000; credit Cash, $10,000 O debit Salary Expense, $10,000; credit Drawing, $10,000 O debit Salary Expense, $10,000; credit Salaries Payable, $10,000 O debit Drawing, $10,000; credit Cash, $10,000
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