Dude Duds, Inc. is a clothing retailer specializing in affordable family apparel. Prepare journal entries...
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Dude Duds, Inc. is a clothing retailer specializing in affordable family apparel. Prepare journal entries and related adjusting entries (if any) for the transaction below for the first quarter ending March 31 of the current year. Employees earned $2,779,283 in salaries and wages during this quarter, of which the company paid $2,084,462. Select one: O a. Dr. Salaries and wages expense $2,779,283; Cr. Cash $2,084,462; Cr. Salaries and wages payable $694,821 O b. Dr. Salaries and wages expense $2,779,283; Cr. Cash $2,779,283 c. Dr. Salaries and wages expense $2,779,283; Cr. Salaries and wages payable $2,779,283 d. No journal entry or adjusting needed O e. Dr. Cash $2,084,462; Dr. Salaries and wages payable $694,821; Dr. Salaries and wages expense $2,779,283
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