Multiple Choice
The entry to record the payment of office salaries would be
A) Debit Cash; Credit Accounts Receivable.
B) Debit Cash; Credit Salaries Expense.
C) Debit Salaries Expense; Credit Capital.
D) Debit Salaries Expense; Credit Cash.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q34: Rent paid in advance is called a(n)<br>A)
Q35: To find an explanation for a transaction,
Q36: A debit to a liability account was
Q37: A company would review the ledger if
Q38: A company would review the general journal
Q40: A credit to a liability account was
Q41: Complete the following entries by using a
Q42: A credit to an asset account was
Q43: As Withdrawals increase,<br>A) Owner's Equity decreases.<br>B) Owner's
Q44: The informal listing of the ledger accounts