Anthony Delivery Service Has a Weekly Payroll of $35,000

question 223

Multiple Choice

Anthony Delivery Service has a weekly payroll of $35,000. December 31 falls on Tuesday and Anthony will pay its employees the following Monday (January 6) for the previous full week. Assume that Anthony has a five-day workweek and has an unadjusted balance in Salaries Expense of $885,000 at December 31. What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted?

• A) $885,000
• B) $920,000
• C) $906,000
• D) $899,000

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Definitions:

Mainstream Films

Movies that are produced and distributed by major film studios, reaching a wide audience through commercial theaters.

Lesbian Women

Women who are emotionally, romantically, or sexually attracted to other women.

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Males who are emotionally, romantically, or sexually attracted to other men.

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An orientation describing individuals who are romantically or sexually attracted to both men and women.