Answer:
Correct answer is:
Debit Salaries Expense $840
Credit Salaries Payable $840
Explanation:
2 employees each paid at $ 210 per day so daily salary expense is $210*2 = $420.
The accounting period ends on Tuesday and both employees work for Monday and Tuesday so the 2 days salaries expense is $420*2= $840.
As the salaries are paid on every Friday so there is a liability on a company for the 2 days salary payable to be recorded on accounting period close date i.e Tuesday.
C is the correct answer because it really varies depending on the game.
Answer:
c. low and banks are unable to loan out all of their excess reserves. d
Explanation:
Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.
<span>Belarus and central European Russia had very long growing season, but
they had acidic podzol soils that limit
farm output</span><span>. Three environments influence agriculture in
this region</span><span>, Poor soils, cold temps, forests north of Moscow and St. Petersburg. </span>Soils support
commercial wheat, corn, sugar, beets, meat production.
