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

question 69

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 $945,000.What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted?

• A)$945,000
• B)$979,000
• C)$965,400
• D)$958,600

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Definitions:

Storage Decay

The gradual fading of stored information in the brain over time, when that information is not used or retrieved.

Tip-of-the-tongue

A cognitive phenomenon where an individual is unable to fully retrieve a word or name but has partial recall or a strong feeling that they know it.

Older Adults

Individuals typically aged 65 years and above, often experiencing unique physical, social, and psychological challenges.

Retrieval

Retrieval in psychology refers to the process of accessing and bringing into consciousness information stored in memory.