At december 31, the nbc company owes an employee for four days of work that will not be paid until january 5th. the weekly rate of pay for a five-day workweek is? $800. the adjusting entry to record the accrued wages will include?

a. debit to salaries payable for $800.

b. debit to salaries expense for $640.

c. debit to salaries payable for $640.

d. debit to salaries expense for $800.

If a bond is issued at a premium the effective interest rate is most likely

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Based on what you learned about time management which of these statements are true