You moved $5,000 from your bank to the salary account. What General Ledger entries must you make?

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You moved $5,000 from your bank to the salary account. What General Ledger entries must you make? Select an answer:

a $5,000 credit to petty cash and a $5,000 credit to your bank account

b $5,000 credit to petty cash and a $5,000 debit to your bank account

c $5,000 debit to salary and a $5,000 credit to your bank account

d $5,000 transfer from your bank and a $5,000 receipt into petty cash

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 07, 2024 04:09 AM

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You moved $5,000 from your bank to the salary account. What General Ledger entries must you make?

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Income Tax Fundamentals 2013

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