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Finke Company's employees are paid each Friday for hours worked the...

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Accounting

Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Company accrues $3,200 for earned salaries that have not yet been paid. Which of the following best describes this accrual transaction type?

a. Asset source transaction

b. Asset use transaction

c. Asset exchange transaction

d. Claims exchange transaction

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