Salaries Are $6,500 Per Week for Five Working Days and Are

question 2

Multiple Choice

Salaries are $6,500 per week for five working days and are paid weekly at the end of the day Fridays.The end of the month falls on a Thursday.The accountant for Dayton,Inc.made the appropriate accrual adjustment and posted it to the ledger.The balance of Salaries Payable,as shown on the adjusted trial balance,will be a ________.(Assume that there was no beginning balance in the Salaries Payable account. )

• A)credit balance of $5,200
• B)debit balance of $1,300
• C)debit balance of $5,200
• D)credit balance of $1,300

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Definitions:

Leu-Glu-Lys

A tripeptide composed of the amino acids leucine, glutamic acid, and lysine, often studied in biochemistry and molecular biology.

Leucine

An essential amino acid used by the body in protein synthesis and various metabolic processes.

Glutamic Acid

An amino acid that is critical for proper brain function and metabolism, and serves as a neurotransmitter.

Lysine

An essential amino acid required for growth and tissue repair, crucial in the production of various enzymes and hormones.