A Company Made No Adjusting Entry for Accrued and Unpaid

question 100

Multiple Choice

A company made no adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31. The entry to record the adjusting entry should have been:

• 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 Prepaid Salary, $9,000
• D) debit Salary Expense, $9,000; credit Salaries Payable, $9,000
• E) debit Salaries Payable, $9,000; credit Salary Expense