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:

Operation Smile

A nonprofit medical service organization founded to provide free surgical procedures to children and young adults born with cleft lip, cleft palate, and other facial deformities.

Differing Strategies

Various approaches or plans designed to achieve specific goals or outcomes.

Corporate Integration

The process of combining different parts of a company or organizations to work more effectively as a whole.

Worth

The value of an asset, often measured in monetary terms, or the importance, usefulness, or contribution of something to a particular cause or context.