During the Year,Cheng Company Paid Salaries of $24,000

question 113

Multiple Choice

During the year,Cheng Company paid salaries of $24,000.In addition,$8,000 in salaries has accrued by the end of the year but has not been paid.The year-end adjusting entry would include which one of the following?

• A)Debit to Salaries Expense for $32,000.
• B)Credit to Salaries Expense of $8,000.
• C)Debit to Salaries Payable for $24,000.
• D)Credit to Salaries Payable for $8,000.

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