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On December 31,2016,Gaskins Co

Question 21

Multiple Choice

On December 31,2016,Gaskins Co.owed $4,500 in salaries to employees who had worked during December but would be paid in January.If the year-end adjustment is properly recorded on December 31,2016,what will be the effect of this accrual on the following items for Gaskins? On December 31,2016,Gaskins Co.owed $4,500 in salaries to employees who had worked during December but would be paid in January.If the year-end adjustment is properly recorded on December 31,2016,what will be the effect of this accrual on the following items for Gaskins? A) Option A B) Option B C) Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

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