Anthony Delivery Service Has a Weekly Payroll of $34,000

question 51

Multiple Choice

Anthony Delivery Service has a weekly payroll of $34,000.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 $925,000 at December 31.What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted?

• A) $925,000
• B) $959,000
• C) $945,400
• D) $938,600

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Definitions:

Fugitive Slaves

African American slaves who escaped from slavery in the Southern United States to the North or to Canada, where slavery was illegal, before the Civil War.

Self-Referent Encoding

The process of relating new information to oneself, which enhances memory and recall of the information.

Semantic Encoding

The process of encoding information according to its meaning, allowing for deeper processing and better memory retention.

Deep Processing Encoding

A method of encoding information that involves meaningful analysis of the material, leading to better memory retention compared to shallow processing.