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Jay's Limo Services Paid $300 Cash to Employees for Work  Salaries Expense 300 Accounts Payable 300\begin{array}{|l|l|l|}\hline \text { Salaries Expense } & 300 & \\\hline \text { Accounts Payable } & & 300 \\\hline\end{array}

Question 79

Multiple Choice

Jay's Limo Services paid $300 cash to employees for work performed in the current period. Which of the following general journal entries will Jay's Limo Services make to record this transaction?


A)  Salaries Expense 300 Accounts Payable 300\begin{array}{|l|l|l|}\hline \text { Salaries Expense } & 300 & \\\hline \text { Accounts Payable } & & 300 \\\hline\end{array}
B)  Cash 300 Salaries Expense 300\begin{array}{|l|l|l|}\hline \text { Cash } & 300 & \\\hline \text { Salaries Expense } & & 300 \\\hline\end{array}
C)  Salaries Expense 300 Dividends 300\begin{array}{|l|l|l|}\hline \text { Salaries Expense } & 300 & \\\hline \text { Dividends } & & 300 \\\hline\end{array}
D)  Salaries Payable 300 Salaries Expense 300\begin{array}{|l|l|l|}\hline \text { Salaries Payable } & 300 & \\\hline \text { Salaries Expense } & & 300 \\\hline\end{array}
E)  Salaries Expense 300 Cash 300\begin{array}{|l|l|l|}\hline \text { Salaries Expense } & 300 & \\\hline \text { Cash } & & 300 \\\hline\end{array}

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