Oliver Company pays its employees total salaries of $48,900 every other Friday for 10 workdays...
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Accounting
Oliver Company pays its employees total salaries of $48,900 every other Friday for 10 workdays (employees do not work on Saturdays and Sundays). This year, the company's pay dates fall on November 18 (Friday) and December 2 (Friday). If Oliver closes its books on November 30, which would it record with respect to salaries?
Select one:
a.
Salaries Expense34,230 Salaries Payable 34,230
b.
Salaries Expense44,010 Cash 44,010
c.
Salaries Expense39,120 Salaries Payable 39,120
d.
Salaries Expense29,340 Cash 29,340
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