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Pattie's Event Planning Service Has Just Prepared the Unadjusted Trial

Question 93

Multiple Choice

Pattie's Event Planning Service has just prepared the unadjusted trial balance, which shows the following balances: Pattie's Event Planning Service has just prepared the unadjusted trial balance, which shows the following balances:   Pattie's salaries are $2,000 per week and are paid out at the end of the day on Fridays. The end of the month falls on a Thursday. Patti will make the appropriate accrual adjustment and post to the ledger. The final adjusted balance of Salary payable, as shown on the adjusted trial balance, will be a: A) credit balance of $1,600. B) credit balance of $3,600. C) debit balance of $3,600. D) credit balance of $400. Pattie's salaries are $2,000 per week and are paid out at the end of the day on Fridays. The end of the month falls on a Thursday. Patti will make the appropriate accrual adjustment and post to the ledger. The final adjusted balance of Salary payable, as shown on the adjusted trial balance, will be a:


A) credit balance of $1,600.
B) credit balance of $3,600.
C) debit balance of $3,600.
D) credit balance of $400.

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