The employees of Leicester Services, Inc. worked the last two weeks of December 2016. They receive their paychecks on January 2, 2017. Which of the following accounts should appear on the income statement for the year ended December 31, 2016?
a. Salaries Expense
b. Prepaid Expense
c. Salaries Payable
d. Unearned Revenue
Answers: 2
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The employees of Leicester Services, Inc. worked the last two weeks of December 2016. They receive t...
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