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 126 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
Wow, this really help

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

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?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

ending is impeded by the magnetic attraction between stick and stickase ending is impeded by the magnetic attraction between stick and stickase
Holy Week in Spain Holy Week in Spain
Productivity in Selected Industries in the Early 1990s Productivity in Selected Industries in the Early 1990s
Embryonic Period - 4th week Embryonic Period - 4th week
Embryonic Period - 8th week Embryonic Period - 8th week
An 8-week-old fetus An 8-week-old fetus
Video: Electrical changes in the heart

For a complete list of videos, visit our video library