The Correct Adjusting Entry for Accrued and Unpaid Employee Salaries

question 179

Multiple Choice

The correct adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31 is:

• A) debit Salary Expense, $9,000; credit Cash, $9,000
• B) debit Salary Expense, $9,000; credit Fees Earned, $9,000
• C) debit Salary Expense, $9,000; credit Salaries Payable, $9,000
• D) debit Salary Expense, $9,000; credit Prepaid Salary, $9,000
• E) debit Salaries Payable, $9,000; credit Salary Expense $9,000

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