If Accrued Salaries Were Recorded on December 31 with a Credit

question 107

Multiple Choice

If accrued salaries were recorded on December 31 with a credit to Salaries Payable, the entry to record payment of these wages on January 5 would include:

• A)A debit to Cash and a credit to Salaries Payable.
• B)A debit to Salaries Payable and a credit to Salaries Expense.
• C)A debit to Cash and a credit to Prepaid Salaries.
• D)A debit to Salaries Payable and a credit to Cash.
• E)No entry would be necessary on January 5.

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