An adjusting entry was made on year-end December 31 to accrue salary expense of S1.200 Which...
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An adjusting entry was made on year-end December 31 to accrue salary expense of S1.200 Which of the following entries would be prepared to record the $3.000 payment of salaries in Jannary of the following year? Salaries Expense. 3,000 Cash. 3,000 Salaries Payable. Cash 3,000 3,000 Salaries Payable. Cash.. 1,200 C. 1,200 1,200 Salaries Expense. Salaries Payable. 1,200 Salaries Payable. Salaries Expense Cash. 1,200 1,800 3,000 A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E An adjusting entry was made on year-end December 31 to accrue salary expense of S1.200 Which of the following entries would be prepared to record the $3.000 payment of salaries in Jannary of the following year? Salaries Expense. 3,000 Cash. 3,000 Salaries Payable. Cash 3,000 3,000 Salaries Payable. Cash.. 1,200 C. 1,200 1,200 Salaries Expense. Salaries Payable. 1,200 Salaries Payable. Salaries Expense Cash. 1,200 1,800 3,000 A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
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Answer Option E Explanation The adjusting entries for recording the accru... View the full answer
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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