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 132 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
:D TYSM

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

seven week embryo seven week embryo
Holy Week in Spain Holy Week in Spain
Holy Week in Spain Holy Week in Spain
Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose. Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose.
Rupture of membranes before the 37th week of pregnancy Rupture of membranes before the 37th week of pregnancy
Embryonic Period - End of the 4th week Embryonic Period - End of the 4th week
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library