Canada Corporation Has Hired a New Sales Manager to Start

Multiple Choice

Canada Corporation has hired a new sales manager to start work next month.She will earn $65,000 per year plus a bonus to be determined at year-end.At the time of the hiring, how would the event be recorded?

A) An increase in assets and an increase in salaries payable.
B) An increase in expenses and an increase in salaries payable.
C) A decrease in retained earnings and an increase in salaries payable,
D) It would not be recorded.