A Company Recorded Two Days of Accrued Salaries of $1,400

question 175

Multiple Choice

A company recorded two days of accrued salaries of $1,400 for its employees on January 31.On February 9,it paid its employees for these accrued salaries and for other salaries earned through February 9.The January 31 and February 9 journal entries are:

• A)
• \[\begin{array} { | l | c | r | r | }
• \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\
• \hline & \text { Salaries Payable } & & 1,400 \\
• \hline 2 / 9 & \text { Salaries Payable } & 7,000 & \\
• \hline & \text { Salaries Expense } & 1,400 & \\
• \hline & \text { Cash } & & 7,000 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | c | r | r | }
• \hline 1 / 31 & \text { Salaries Payable } & 1,400 & \\
• \hline & \text { Salaries Expense } & & 1,400 \\
• \hline \text { 2/9 } & \text { Salaries Expense } & 5,600 & \\
• \hline & \text { Salaries Payable } & 1,400 & \\
• \hline & \text { Cash } & & 7,000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | c | c | c | }
• \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\
• \hline & \text { Cash } & & 1,400 \\
• \hline 2 / 9 & \text { Salaries Expense } & 7,000 & \\
• \hline & \text { Cash } & & 7,000 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | c | c | c | }
• \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\
• \hline & \text { Salaries Payable } & & 1,400 \\
• \hline 2 / 9 & \text { Salaries Expense } & 7,000 & \\
• \hline & \text { Cash } & & 7,000 \\
• \hline
• \end{array}\]
• E) \[\begin{array} { | l | c | r | r | }
• \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\
• \hline & \text { Salaries Payable } & & 1,400 \\
• \hline \text { 2/9 } & \text { Salaries Expense } & 5,600 & \\
• \hline & \text { Salaries Payable } & 1,400 & \\
• \hline & \text { Cash } & & 7,000 \\
• \hline
• \end{array}\]

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