Multiple Choice
Mason Painting Services has a weekly payroll of $24,000.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 $770,000.What amount should be debited to Salaries Expense on December 31?
A) $770,000
B) $9,600
C) $24,000
D) $14,400
Correct Answer:
Verified
Correct Answer:
Verified
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