Bay Graphics Pays Its Employees Each Friday for a Five-Day $\begin{array}{cc}\text { Salaries Payable } & 5,400 \\\text { Cash } & 5,400\end{array}$

question 75

Multiple Choice

Bay Graphics pays its employees each Friday for a five-day total workweek. The payroll is $9,000 per week. If the end of the accounting period occurs on a Wednesday, what is the adjusting entry to record wages payable?

• A)
• \(\begin{array}{cc}
• \text { Salaries Payable } & 5,400 \\
• \text { Cash } & 5,400
• \end{array}\)
• B)
• Salary Expense \(\quad 5,400\)
• Salaries Payable \(\quad 5,400\)
• C)
• \(\begin{array} { l r }
• \text { Salaries Payable } & 5,400 \\
• \text { Salary Expense } & 5,400
• \end{array}\)
• D)
• Salaries Payable \(\quad 9,000\)
• Salary Expense\(\quad 9,000\)

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Definitions:

Market Segmentation

The strategy of dividing a broad target market into subsets of consumers with common needs, preferences, or characteristics, to then target them more effectively.

Effectively Segmented

Refers to a market that has been divided into distinct groups of buyers with different needs, characteristics, or behaviors, which may require separate products or marketing strategies.

Business Knows

The collective understanding and knowledge within a company regarding its operations, market environment, competition, and customer needs.

Core Target Market

The specific group of consumers identified as the most likely to buy a company's products or services, often defined by demographic, geographic, and psychographic characteristics.