To Record Accrued Salaries,you Would

question 100

Multiple Choice

To record accrued salaries,you would:

• A)debit Cash and credit Salaries Payable.
• B)debit Salaries Payable and credit Salaries Expense.
• C)debit Salaries Expense and credit Salaries Payable.
• D)None of these answers are correct.

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Definitions:

Business Operation

The day-to-day activities involved in running a business, including production, marketing, and managing finances.

Terminated

Refers to the action of ending or concluding something, such as employment, contracts, or legal obligations.

Sole Proprietorships

A type of business owned and operated by one individual, where there is no legal distinction between the owner and the business.

Corporations

Legal entities that are separate and distinct from their owners, providing limited liability, easy transferability of shares, and perpetual existence.