The employees of Lucid Laboratories are paid every two weeks on Friday. Total payroll is $25,000 and covers 10 workdays. The end of the current month falls on Tuesday of the pay period. What is the adjusting journal entry to accrue payroll at the end of the month?
A)
Salaries Expense
7,500
Salaries Payable
7,500
B)
Prepaid Salaries
7,500
Salaries Payable
7,500
C)
Salaries Expense
17,500
Prepaid Salaries
7,500
Salaries Payable
25,000
D)
Salaries Expense
17,500
Salaries Payable
17,500
Answer: D
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future, as well as the employee's forfeit of arbitration or litigation rights? a. nondisclosure agreement b. service level agreement c. last chance agreement d. collective bargaining agreement
Which of the following is true?
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