Starlight Associates, Inc. recorded salary expense of $100,000 in 2015. However, additional salaries of $5,000 had been earned, but not paid or recorded at December 31, 2015. After the adjustments are recorded and posted at December 31, 2015, the balances in the Salaries Expense and Salaries Payable accounts will be:

Question

Starlight Associates, Inc. recorded salary expense of $100,000 in 2015. However, additional salaries of $5,000 had been earned, but not paid or recorded at December 31, 2015. After the adjustments are recorded and posted at December 31, 2015, the balances in the Salaries Expense and Salaries Payable accounts will be: Starlight Associates, Inc. recorded salary expense of $100,000 in 2015. However, additional salaries of $5,000 had been earned, but not paid or recorded at December 31, 2015. After the adjustments are recorded and posted at December 31, 2015, the balances in the Salaries Expense and Salaries Payable accounts will be:

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The Answer of Starlight Associates, Inc. recorded salary expense of $100,000 in 2015. However, additional salaries of $5,000 had been earned, but not paid or recorded at December 31, 2015. After the adjustments are recorded and posted at December 31, 2015, the balances in the Salaries Expense and Salaries Payable accounts will be: