System Sacramento Cay Co Co 45. G iri-flow 12 A Help Save & ExtS Samuel Arden Company pays weekly wages of $20,000 every Friday for a five day week ending on that day of the last day of the year is on Tuesday, the adjusting entry to record the accrued wages is: Multiple Choice O debt Wages Expense $12.000, crede wages Payable $12.000 O debit Wages Expense 58,000, credit Can 58.000 O debt Wages Expense 58,000 credit Drawing 58.000 O est Wages pense 8.000.creat Waget Peeble $2.000 On November 1, 2019, a firm accepted a 5 month, 10 percent note for $1.500 from a customer with an overdue balance. The accrued werest recorded for this note for the year ended December 31, 2019, is o o o o 00 If a company uses the periodic inventory system, purchases of merchandise are Multiple Choice 1 0 credited to Merchandise Inventor 0 O credited to Sales 0 O debited to Purchases 0 debited to Merchandise nventory On January 1, 2019, a firm purchased machinery for $19 500 Depreciation expense for the year ending December 31, 2019, given the straight line method a year use and a salvage value of $3.500.is Multiple Choice | o 328oo. o o s3,900. o 53200 o Ossoo Identify the statement below that is true regarding the Allowance for Doubtful Accounts account Multiple Choice C) The account has a normal debt balance and is reported on the income sement The account has a normal debt balance and is reported on the balance sheet The account has nomal balance and is reported on the balance sheer