Question

A company recorded 2 days of accrued salaries of $1,650 for its employees on January 31. On February 9, it paid its employees $7,500 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are: Multiple Choice 1/31 1,650 Salaries Expense Salaries Payable 1.650 2/9 Salaries Payable Salaries Expense Cash 5,850 1,650 7,500 1/31 1,650 Salaries Payable Salaries Expense 1,650 2/9 Salaries Expense Salaries Payable Cash 5,850 1,650 7,500

Answer 1

Last option is right

Date	Account title and Explanation	Debit	Credit
1/31	Salary expenses	$ 1,650
	Salary Payable		$ 1,650
	( entry for actual salary payable )
2/9	Salary expenses	$ 5,850
	Salary Payable	$ 1,650
	Cash		$ 7,500
	( total salaries paid with accrued salary of January)

Explanation:

On 31^st January salary accrued for 2 days which is actual expenses of January so salary Dr. to salary payable credited and in month of 2^nd February salary paid $ 7,500 including last month outstanding.