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The Employees of Lucid Laboratories Are Paid Every Two Weeks

Question 96

Multiple Choice

The employees of Lucid Laboratories are paid every two weeks on Friday.Total payroll is $25,000 and covers 10 workdays.The end of the current month falls on Tuesday of the pay period.What is the adjusting journal entry to accrue payroll at the end of the month?


A) The employees of Lucid Laboratories are paid every two weeks on Friday.Total payroll is $25,000 and covers 10 workdays.The end of the current month falls on Tuesday of the pay period.What is the adjusting journal entry to accrue payroll at the end of the month? A) B) C) D)
B) The employees of Lucid Laboratories are paid every two weeks on Friday.Total payroll is $25,000 and covers 10 workdays.The end of the current month falls on Tuesday of the pay period.What is the adjusting journal entry to accrue payroll at the end of the month? A) B) C) D)
C) The employees of Lucid Laboratories are paid every two weeks on Friday.Total payroll is $25,000 and covers 10 workdays.The end of the current month falls on Tuesday of the pay period.What is the adjusting journal entry to accrue payroll at the end of the month? A) B) C) D)
D) The employees of Lucid Laboratories are paid every two weeks on Friday.Total payroll is $25,000 and covers 10 workdays.The end of the current month falls on Tuesday of the pay period.What is the adjusting journal entry to accrue payroll at the end of the month? A) B) C) D)

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