This topic contains a solution. Click here to go to the answer

Author Question: Buster Industries pays weekly salaries of 30,000 on Friday for a five-day week ending on that day. ... (Read 124 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

c

Answer to Question 2

T




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library