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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Definitions:

Witchcraft

The practice of magical skills, spells, and abilities, often within a historical, religious, spiritual, or mythological context.

Supernatural Powers

Abilities or phenomena that go beyond the natural world's laws, often featured in mythology, religion, and fiction.

Witchcraft Accusations

Refers to the charges made against individuals, often women, claiming they are practicing witchcraft or sorcery, historically leading to trials and executions.

Seventeenth-Century

Refers to the time period from 1601 to 1700, often marked by significant events, cultural shifts, and historical developments in various parts of the world.