Answers : Option : 2
1/31 | Salaries Expenses | 1,400 | |
Salaries Payables | 1,400 | ||
2/9 | Salaries Expenses (7000-1400) | 5,600 | |
Salaries Payable | 1,400 | ||
Cash | 7,000 |
for the accrued Expenses : salaries payable account muse be credit when accrued and it will be debit when the amount is Paid.
company recorded 2 days of accrued sales of S1400 for employees on January February 9 paid...
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WO 320 W20. Eran Ch 384 newconnect. meducation.com am 2. Chaps 3446 Help Save & Exit A company recorded 2 days of accrued salaries of $14650 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 Sena Multiple Choice 1.ssal < Prey 16 Next > MacBook Air...
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