Question 30 (1 point) A company has a biweekly payroll of $25,000. It's last payday was August 24th. At August 31st, what should the company do? Accrue $25,000 for salaries in August and then they can record less in September. Do nothing - payday is only a week away. Accrue $12,500 for salaries payable Pay its employees for one week's work so as to match the expenses with the revenues for the month Question 31 (1 point) Non-current assets that do not have a physical substance yet represent a privilege or right held by a company are known as Are given a nominal value of $1 on the Balance Sheet Intangible Assets Assets with no value and are disclosed in the Notes to the Financial Statements Ghost Assets Question 32 (1 point) To record assets and liabilities at their cost at the time of acquisition is known as Real Cost Current Value Accrued Cost Historical Cost e (10