The Accounting Transaction to Record the Payment of Salaries to Employees

question 154

Multiple Choice

The accounting transaction to record the payment of salaries to employees would include a:

• A) credit to Salary Expense
• B) debit to Accounts Payable
• C) debit to Salary Expense
• D) debit to Cash

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Definitions:

Adjacent Cells

Cells that are directly next to each other in a grid or table, often sharing a common border or wall.

Income

The monetary payment received for goods or services, or the earnings from investment over a particular period of time, typically measured on a monthly or annual basis.

Corner Handle

A small interactive icon or box at the corner of a graphical user interface element that allows for resizing or adjusting.

Resize

The action or process of changing the size of an object, such as an image, window, or text box.