Multiple Choice
The adjusting entry to record the earned but unpaid salaries of employees at the end of the accounting period is:
A) Debit Salaries Expense and credit Salaries Payable.
B) Debit Salaries Payable and credit Salaries Expense.
C) Debit Salaries Expense and credit Cash.
D) Debit Unpaid Salaries and credit Salaries Payable.
E) Debit Cash and credit Salaries Expense.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: A business pays each of its two
Q44: The Creative Company has several insurance policies
Q45: Adjusting entries are posted to the general
Q50: The approach to preparing financial statements based
Q52: On December 31, 2015, the accountant for
Q53: The expense created by allocating the cost
Q66: An adjusting entry may include an entry
Q103: The equipment has a useful life of
Q173: Discuss the types of adjusting entries used
Q182: Adjusting entries are always dated at the