Multiple Choice
Mason Painting Services has a weekly payroll of $28,000. December 31 falls on Wednesday and Mason will pay its employees the following Monday (January 5) for the previous full week. Assume that Mason has a five-day workweek and has an unadjusted balance in Salaries Expense of $800,000 at December 31. What amount should be debited to Salaries Expense on December 31?
A) $800,000
B) $11,200
C) $28,000
D) $16,800
Correct Answer:
Verified
Correct Answer:
Verified
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