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jeka94
3 years ago
13

An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the company does not prepare re

versing entries, which of the following entries would be prepared to record the $6,600 payment of salaries in January of the following year?
a. Salaries Expenses 4,600
Cash 4,600
b. Salaries Payable 4,600
Cash 4,600
c. Salaries Payable 2,000
Cash 2,000
d. Salaries Expenses 2,000
Salaries Payable 2,000
Business
1 answer:
wel3 years ago
5 0

Answer:

Dr Salaries Payable $3000

Dr Salaries Expense $3600

Cr Cash $6600

Explanation:

Preparation of the entries to record the $6600 payment of salaries in January of the following year.

Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:

Dr Salaries Payable $3000

Dr Salaries Expense $3600

($6600-$3000)

Cr Cash $6600

(To record payment of salaries)

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<u>Additional Information</u>

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