The employees of xitrex, inc., are paid each friday. the company’s fiscal year-end is june 30, which falls on a wednesday for the current year. salaries are earned evenly throughout the five-day work week, and $19,000 will be paid on friday, july 2. required: 1. prepare an adjusting entry to record the accrued salaries as of june 30, a reversing entry on july 1, and an entry to record the payment of salaries on july 2. 2. prepare journal entries to record the accrued salaries as of june 30 and the payment of salaries on july 2 assuming a reversing entry is not recorded.

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.