Multiple Choice
Anthony Delivery Service has a weekly payroll of $34,000.December 31 falls on Tuesday and Anthony will pay its employees the following Monday (January 6) for the previous full week.Assume that Anthony has a five-day workweek and has an unadjusted balance in Salaries Expense of $945,000.What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted?
A) $945,000
B) $979,000
C) $965,400
D) $958,600
Correct Answer:
Verified
Correct Answer:
Verified
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