Which of the following entries is not one a firm would normally make? A) Debit salary expense, credit cash B) Debit salary expense, credit salaries payable C) Debit salaries payable, credit cash D) Debit salaries payable, credit salary expense
Which of the following entries is not one a firm would normally make? A) Debit salary expense, credit cash B) Debit salary expense, credit salaries payable C) Debit salaries payable, credit cash D) Debit salaries payable, credit salary expense
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following entries is not one a firm would normally make?
A) Debit salary expense, credit cash
B) Debit salary expense, credit salaries payable
C) Debit salaries payable, credit cash
D) Debit salaries payable, credit salary expense
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