On December 31, 2010, Salaries Owed to Employees Total $4,150

question 93

Multiple Choice

On December 31, 2010, salaries owed to employees total $4,150. These will be paid on January 4, 2011. An adjusted trial balance prepared on December 31, 2010, includes which of the following?

• A)Salaries Expense, $4,150
• B)Salaries Payable, $4,150
• C)Unearned Salaries, $4,150
• D)Both Unearned salaries, $4,150 and Salaries Payable, $4,150

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