An Adjusting Entry That Credits Salaries Payable Is an Example

question 64

Multiple Choice

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

• A) accrued expense
• B) deferred revenue
• C) accrued revenue
• D) deferred expense

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Definitions:

Obsession

A persistent, intrusive thought or compulsion to perform an act, often causing distress or impairment in daily functioning.

Dietary Fat

Essential nutrients in the diet that provide energy, support cell growth, and absorb certain vitamins; can be saturated, unsaturated, or trans fats.

Fast Foods

Quick, convenient meals typically high in calories, fat, and sodium, and often lacking in nutritional value.

Consumption

Consumption refers to the act of using up goods and services by individuals or communities, including the use of natural resources, products, and energy.