The adjusting entry to record the salaries earned due to employees for services provided but unpaid at the end of the accounting period affects the accounts in which of the following ways?
multiple choice
a. debit cash and credit salaries expense.
b. debit salaries payable and credit salaries expense.
c. debit salaries expense and credit cash.
d. debit salaries expense and credit salaries payable.
e. debit accrued salaries and credit salaries payable.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Double corporation acquired all of the common stock of simple company for

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers