Perry Service Company Had the Following Unadjusted Balances at December

question 200

Essay

Perry Service Company had the following unadjusted balances at December 31,2018: Salaries Payable,$0; Salaries Expense,$12,000.The following transactions took place on December 31,2018:
Accrued Salaries Expense,$5,000
Closed the Salaries Expense account.
The following transaction took place on January 4,2019:
Paid salaries of $6,000.This payment included $5,000 that was accrued on December 31,2018 and $1,000 for the first few days in January 2019.
Prepare the journal entry for January 4,2019,assuming that reversing entries were not made.Omit explanation.

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Definitions:

Replication

Repeating a research study to determine whether the results can be duplicated.

External Validity

The extent to which the results of a study can be generalized to other situations, populations, or settings beyond the study itself.

Fraudulence

The intentional deception for personal gain or to damage another individual, which is unethical and illegal in most cases.

Authenticity

The state or quality of being genuine, reliable, or true to its nature or origins.