Abusiness pays weekly salaries of $30,000 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on a thursday is

a business pays weekly salaries of $30,000 on frid

debit salaries and wages expense, $24,000; credit salaries and wages payable, $24,000.

debit salaries and wages expense, $6,000; credit salaries and wages payable, $6,000.

debit salaries and wages payable, $24,000; credit cash, $24,000.

debit salaries and wages expense, $24,000; credit cash, $24,000

Will you use single-entry bookkeeping or double-entry bookkeeping? explain why.

Which term refers to the cost that motivates an economic decision

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: