Perpetual transfer method provides for transferring
a. Files to inactive storage as a project or case is completed.
b. Files continuously between inactive and active storage until all documents have been used in activities such as a project or case.
c. Files at intervals until a project or case has been completed.
d. None of the above.
A
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Of a company's employees, 50 percent typically qualify to receive two weeks' paid vacation a year in 50 working weeks. The entry to record the amount of estimated liability for vacation pay for a week in which the total payroll is $2,900
a. Estimated Liability for Vacation Pay 116 Cash 116 b. Vacation Pay Expense 232 Cash 232 c. Vacation Pay Expense 58 Estimated Liability for Vacation Pay 58 d. Cash 29 Estimated Liability for Vacation Pay 29
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