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Rhapsody Red Restaurant Shows a Balance in Salaries Payable of $20,000

Question 40

Multiple Choice

Rhapsody Red Restaurant shows a balance in Salaries Payable of $20,000 at the end of the month.The next payroll amounting to $30,000 is to be paid in the following month.What will be the journal entry to record the payment of salaries?


A) Salaries Expanse........................... \quad 30,000
\quad Salaries Payable................................ \quad \quad \quad 30,000
B) Salaries Expense........................... \quad 30,000
\quad Cash ............................................ \quad \quad \quad \quad 30,000

C) Salaries Expense......................... \quad \quad 20,000
\quad Cash............................................. \quad \quad \quad \quad 20,000

C. Salaries Expanse........................ \quad \quad 10,000
\quad Salaries Payable....................... \quad \quad 20,000
\quad Cash.......................................... \quad \quad \quad \quad \quad 30,000

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