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Marshwinds Wind Turbines Shows a Balance in Salaries Payable of $80,000

Question 33

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Marshwinds Wind Turbines shows a balance in Salaries Payable of $80,000 at the end of the month. The next payroll amounting to $100,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries? Marshwinds Wind Turbines shows a balance in Salaries Payable of $80,000 at the end of the month. The next payroll amounting to $100,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries?

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