Multiple Choice
Salary expense is $2,200 per day,Monday through Friday,and the business pays employees each Friday.If December 31 falls on a Tuesday,the adjusting entry to record accrued salaries would be to:
A) debit Salaries Payable,$2,200;credit Salaries Expense,$2,200.
B) debit Salaries Expense,$4,400;credit Salaries Payable,$4,400.
C) debit Salaries Expense,$2,200;credit Salaries Payable,$2,200.
D) debit Salaries Payable,$4,400;credit Salaries Expense,$4,400.
Correct Answer:
Verified
Correct Answer:
Verified
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