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Author Question: Salary expense is $2,600 per day, Monday through Friday, and the business pays employees each ... (Read 59 times)

kshipps

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on: Feb 18, 2020
Salary expense is $2,600 per day, Monday through Friday, and the business pays employees each Friday. If December 31 falls on a Tuesday, the adjusting entry to record accrued salaries would be to:
◦ debit Salaries Expense, $2,600; credit Salaries Payable, $2,600.
◦ debit Salaries Payable, $2,600; credit Salaries Expense, $2,600.
◦ debit Salaries Payable, $5,200; credit Salaries Expense, $5,200.
◦ debit Salaries Expense, $5,200; credit Salaries Payable, $5,200.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by kshipps on Feb 18, 2020

lorealeza

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kshipps

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Reply 2 on: Feb 18, 2020
Thanks for the timely response, appreciate it

elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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