Multiple Choice
Salary expense is $975 per day,Monday through Friday,and the business pays employees each Friday.If December 31 falls on a Wednesday,the amount of the adjusting entry to record accrued salaries would be:
A) $2,925.
B) $975.
C) $1,950.
D) $4,875.
Correct Answer:
Verified
Correct Answer:
Verified
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