Trusted by Students Everywhere
Why Choose Us?
0% AI Guarantee

Human-written only.

24/7 Support

Anytime, anywhere.

Plagiarism Free

100% Original.

Expert Tutors

Masters & PhDs.

100% Confidential

Your privacy matters.

On-Time Delivery

Never miss a deadline.

Which of the following journal entries will record the payment of a $1,500 salaries payable originally incurred for Salaries Expense? Select one: A

Accounting Dec 19, 2020

Which of the following journal entries will record the payment of a $1,500 salaries payable originally incurred for Salaries Expense?

Select one:

A. Debit Salaries Expense; credit Cash

B. Debit Cash; credit Salaries Payable

C. Debit Salaries Expense; credit Salaries Payable

D. Debit Salaries Payable; credit Cash

Expert Solution

The correct option is D "Debit Salaries Payable; credit Cash".

Archived Solution
Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In
Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution
Get Custom Quote
Secure Payment