Question

of the following is would be prepared to record the Anang entry was made on y ond December 31 $3,800 payment of sales in Janu
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Answer #1

Solution:

The Answer is

General Journal Debit Credit
Salaries Payable $    1,600
Salaries Expense $    2,200
Cash 3800
[ To record salary expenses and payable paid]

Explanation:

1) Below is the adjusting entry which has to be reverse after year end. So, in order to reverse it we have debit salaries payable along with January salary expense.

General Journal Debit Credit
Salaries Expense $         1,600
Salaries Payable $           1,600
[ To record salary expenses payable]

2) So, Remaining options are Incorrect.

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