This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Buster Industries pays weekly salaries of 30,000 on Friday for a five-day week ending on that day. ... (Read 114 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jul 5, 2018
Buster Industries pays weekly salaries of 30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is
 a. debit Salaries Payable, 12,000; credit Cash, 12,000
  b. debit Salary Expense, 12,000; credit Drawing, 12,000
  c. debit Salary Expense, 12,000; credit Salaries Payable, 12,000
  d. debit Drawing, 12,000; credit Cash, 12,000

Question 2

Internet commerce is computer-to-computer exchange of business event data in structured or semi-structured formats via Internet communication that allows the initiation and consummation of business events.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

T


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
Excellent

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

A mother Syrian hamster with pups under one week old. A mother Syrian hamster with pups under one week old.
Pregnant sow one week before delivering three pups Pregnant sow one week before delivering three pups
A two-week-old red squirrel A two-week-old red squirrel
ending is impeded by the magnetic attraction between stick and stickase ending is impeded by the magnetic attraction between stick and stickase
five week embryo five week embryo
Holy Week in Spain Holy Week in Spain
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library