Which of the following describes the transaction resulting in a journal entry with a debit to Salaries payable and a credit to Cash?   A. Salaries expense has been incurred but is unpaid.   B. Cash was used to pay for salaries that were previously recorded as an expense.   C. Cash was used to pay for salaries that were not previously recorded as an expense.   D. Cash was used to prepay employee wages.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 6EB: For the following accounts indicate whether the normal balance is a debit or a credit. A. Unearned...
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Which of the following describes the transaction resulting in a journal entry with a debit to Salaries payable and a credit to Cash?

  A.

Salaries expense has been incurred but is unpaid.

  B.

Cash was used to pay for salaries that were previously recorded as an expense.

  C.

Cash was used to pay for salaries that were not previously recorded as an expense.

  D.

Cash was used to prepay employee wages.

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