Solved

The Entry to Record the Payment of $895 Salary to Employees

Question 21

Multiple Choice

The entry to record the payment of $895 salary to employees would be:  A)  Cash 895 Salary Payable 895 B)  Dividends 895 Cash 895 C)  Salary Expense 895 Cash 895 D)  Salary Expense 895 Retained Earnings 895 \begin{array}{lcc}\text { A) Cash } & 895 & \\ \text { Salary Payable } & & 895 \\ \text { B) Dividends } & 895 & \\ \quad \text { Cash } & & 895 \\ \text { C) Salary Expense } & 895 & \\ \quad \text { Cash } & & 895 \\ \text { D) Salary Expense } & 895 & \\ \quad \text { Retained Earnings } & & 895\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions