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Question 26 (4 points) Betcall Company employs a five-day workweek and a July 31 year-end. Normal weekly wages amount to $45,000. If July 31 ends
Question 26 (4 points) Betcall Company employs a five-day workweek and a July 31 year-end. Normal weekly wages amount to $45,000. If July 31 ends on a Thursday, what is the appropriate adjustment at fiscal year-end? O 1) Increase Salaries and Wages Expense $9,000 O 2 Increase Salaries and Wages Expense $36,000 O 3 Increase Salaries and Wages Expense $45,000 Increase Salaries and Wages Payable $9,000 Decrease Cash $36,000 Increase Salaries and Wages Payable $45,000 O 4) Increase Salaries and Wages Expense $36,000 Increase Salaries and Wages Payable $36,000
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