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 $10,000 of accrued salary expense on December 31, Year 1:
Multiple Choice
on January 1, Year 2, there will be a zero balance in the Salaries Expense account.
on January 1, Year 2, there will be a $10,000 balance in the Salaries Payable account.
the December 31, Year 1, expense recognition will not affect the Cash account.
All of the answer options are correct.

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