Which of the Following Entries Would Be Made Because of the Matching

question 83

Multiple Choice

Which of the following entries would be made because of the matching principle?

• A) \[\begin{array} { | c | r | r | }
• \hline \text { Salaries Expense } & 1,000 & \\
• \hline \text { Accounts Payable } & & 1,000 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | r | r | }
• \hline \text { Cash } & 1,000 & \\
• \hline \text { Salaries Expense } & & 1,000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | r | r | }
• \hline \text { Salaries Expense } & 1,000 & \\
• \hline \text { Salaries Payable } & & 1,000 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | r | }
• \hline \text { Cash } & 1,000 & \\
• \hline \text { Unearned Revenue } & & 1,000 \\
• \hline
• \end{array}\]

---

Definitions:

Replacement Stream

A sequence of cash flows expected to be received or paid over time in order to replace an asset or meet an obligation.

Economically Equivalent

Economically equivalent means having the same or similar economic effect or value when comparing two or more financial situations or variables.

Economic Value

Refers to the worth of a good or service, as determined by the market or its utility to an individual or business.

Missing Value

An absent data point or piece of information that was not recorded or is unknown in a dataset or equation.