Question $17(1$ point$)$

tries, prepare financial statements.

A company has $$5,000$ of unpaid salaries at the end of current month. Which of the following is the correct adjusting entry to accrue unpaid salaries expense?

A debit to "Prepaid salaries" and a credit to "Cash".

A debit to "Salaries payable" and a credit to "Salaries expense".

A debit to "Cash" and a credit to "Salaries expense".

A debit to "Salaries expense" and a credit to "Salaries payable".