Bob Bundy an Employee of Jumbo Corp $\begin{array}{lrr} \text { Salaries and Wages Expense } &1,500\\ \text { Salaries and Wages Payable} &&1,500\\\end{array}$

Short Answer

Bob Bundy an employee of Jumbo Corp. will not receive her paycheck until April 2. Based on services performed from March 15 to March 31 his salary was $1500. The adjusting entry for Jumbo Corp. on March 31 is a. $\begin{array}{lrr} \text { Salaries and Wages Expense } &1,500\\ \text { Salaries and Wages Payable} &&1,500\\\end{array}$

b. $\begin{array}{lrr} \text { No entry is required. } &\\\end{array}$

c. $\begin{array}{lrr} \text {Salaries and Wages Expense } &1,500\\ \text { Cash } &&1,500\\\end{array}$

d. $\begin{array}{lrr} \text {Salaries and Wages Payable } &1,500\\ \text { Cash } &&1,500\\\end{array}$