An Adjusting Entry That Credits Salaries Payable Is an Example

question 101

Multiple Choice

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

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

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Definitions:

Learning Curve

A graphical representation that shows how the ability to perform a task, usually measured by time or efficiency, improves over time with practice.

Logarithmic Approach

A mathematical method that uses logarithms to solve problems or model situations, often to simplify multiplicative processes into additive ones.

Labour Bill

An itemized statement or listing of the labor costs associated with a project, often used in construction and services industries.

Logarithmic Approach

A method that uses logarithmic functions to transform nonlinear relationships into linear ones for easier analysis.