On a Worksheet If the Opening Balance of the Salaries

question 13

Multiple Choice

On a worksheet if the opening balance of the salaries expenses account was $7000, a reversing entry for $800 was completed for salaries accrued in the previous year and $600 of salaries were prepaid in the current year the balance of salaries expense transferred to the income statement column would be:

• A) $6800.
• B) $7200.
• C) $8400.
• D) $5600.

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Definitions:

Peri-

A prefix meaning around, nearby, or encircling, often used in medical terms to describe location or proximity.

Down

a direction towards a lower position or a lower point on a scale.

Quadri-

A prefix meaning "four," used in medical terms to signify four parts or quadruple.

Extra-

A prefix meaning outside, beyond, or in addition to.