A business pays each of its two office employees each Friday at the rate of $60 per day for a five-day week that begins

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A Business Pays Each Of Its Two Office Employees Each Friday At The Rate Of 60 Per Day For A Five Day Week That Begins 1 (19.16 KiB) Viewed 50 times

A business pays each of its two office employees each Friday at the rate of $60 per day for a five-day week that begins on Monday. If the accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the adjusting entry to record the salaries earned but unpaid is Multiple Choice Debit Salaries Expense $240 and credit Cash $240 Debit Unpaid Salaries $120 and credit Salaries Payable $120 Debit Office Salaries Expense $240 and credit Salaries Payable $240