An Adjusting Entry That Credits Salaries Payable Is an Example

question 105

Multiple Choice

An adjusting entry that credits Salaries payable is an example of a(n) :

• A)unearned revenue.
• B)accrued revenue.
• C)prepaid expense.
• D)accrued expense.

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Definitions:

Signing Statement

A written pronouncement issued by the President of the United States upon signing a bill into law, which may outline his interpretation of the legislation or how it should be enforced.

Executive Order

A directive from the U.S. President that has the power of federal law, typically used to direct government operations and decision-making.

Cabinet

A body of advisors to the president or head of state, composed of the heads of the executive departments of the government.

Legal Role

The function or position that an entity or individual occupies within the legal system.