Homework Answers
Per day salaries expense = 30000/5 = 6000
Salaries payable year end = 6000*2 = 12000
Salaries expense after adjusting entry = Unadjusted salaries+Salaries payable at year end = 935000+12000 = 947000
So answer is d) $947000
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why is 947000 right?
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