An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200.Assuming the company does not prepare reversing entries,which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year?
A) $\begin{array}{|l|r|r|}
\hline \text { Salaries Expense } & 3,000 & \
\hline \text { Cash } & & 3,000 \
\hline
\end{array}$
B) $\begin{array}{|l|r|r|}
\hline \text { Salaries Payable } & 3,000 & \
\hline \text { Cash } & & 3,000 \
\hline
\end{array}$
C) $\begin{array}{|l|r|r|}
\hline \text { Salaries Payable } & 1,200 & \
\hline \text { Cash } & & 1,200 \
\hline
\end{array}$
D) $\begin{array}{|l|r|r|}
\hline \text { Salaries Expense } & 1,200 & \
\hline \text { Salaries Payable } & & 1,200 \
\hline
\end{array}$
E) $\begin{array}{|l|r|r|}
\hline \text { Salaries Payable } & 1,200 & \
\hline \text { Salaries Expense } & 1,800 & \
\hline \text { Cash } & & 3,000 \
\hline
\end{array}$

Question

Quizplus · Accepted Answer

The correct entry involves clearing the previously accrued salaries payable of $1,200 and recognizing the additional $1,800 in salaries expense to account for the total $3,000 payment. This correctly reflects the payment of the accrued amount and the additional salaries expense incurred.

An Adjusting Entry Was Made on Year-End December 31 to Accrue