Question: f a company recognizes $ 1 0 , 0 0 0 of accrued salary expense on December 3 1 , Year 1 : Multiple Choice
f a company recognizes $ of accrued salary expense on December Year :
Multiple Choice
on January Year there will be a zero balance in the Salaries Expense account.
on January Year there will be a $ balance in the Salaries Payable account.
the December Year expense recognition will not affect the Cash account.
All of the answer options are correct.
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