Question 185
Multiple Choice
A company recorded 2 days of accrued salaries of $1,400 for its employees on January 31.On February 9,it paid its employees $7,000 for these accrued salaries and for other salaries earned through February 9.Assuming the company does not prepare reversing entries,the January 31 and February 9 journal entries are:
1 / 31 Salaries Expense 1 , 400 Salaries Payable 1 , 400 2 / 9 Salaries Payable 7 , 000 Salaries Expense 1 , 400 Cash 8 , 400 \begin{array} { | l | l | r | r | } \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\\hline & \text { Salaries Payable } & & 1,400 \\\hline 2 / 9 & \text { Salaries Payable } & 7,000 & \\\hline & \text { Salaries Expense } & 1,400 & \\\hline & \text { Cash } & & 8,400 \\\hline\end{array} 1/31 2/9 Salaries Expense Salaries Payable Salaries Payable Salaries Expense Cash 1 , 400 7 , 000 1 , 400 1 , 400 8 , 400 1 / 31 Salaries Payable 1 , 400 Salaries Expense 1 , 400 2 / 9 Salaries Expense 5 , 600 Salaries Payable 1 , 400 Cash 7 , 000 \begin{array} { | l | l | r | r | } \hline 1 / 31 & \text { Salaries Payable } & 1,400 & \\\hline & \text { Salaries Expense } & & 1,400 \\\hline 2 / 9 & \text { Salaries Expense } & 5,600 & \\\hline & \text { Salaries Payable } & 1,400 & \\\hline & \text { Cash } & & 7,000 \\\hline\end{array} 1/31 2/9 Salaries Payable Salaries Expense Salaries Expense Salaries Payable Cash 1 , 400 5 , 600 1 , 400 1 , 400 7 , 000 1 / 31 Salaries Expense 1 , 400 Cash 1 , 400 2 / 9 Salaries Expense 7 , 000 Cash 7 , 000 \begin{array} { | l | l | r | r | } \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\\hline & \text { Cash } & & 1,400 \\\hline 2 / 9 & \text { Salaries Expense } & 7,000 & \\\hline & \text { Cash } & & 7,000 \\\hline\end{array} 1/31 2/9 Salaries Expense Cash Salaries Expense Cash 1 , 400 7 , 000 1 , 400 7 , 000 1 / 31 Salaries Expense 1 , 400 Salaries Payable 1 , 400 2 / 9 Salaries Expense 7 , 000 Cash 7 , 000 \begin{array} { | l | l | r | r | } \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\\hline & \text { Salaries Payable } & & 1,400 \\\hline 2 / 9 & \text { Salaries Expense } & 7,000 & \\\hline & \text { Cash } & & 7,000 \\\hline\end{array} 1/31 2/9 Salaries Expense Salaries Payable Salaries Expense Cash 1 , 400 7 , 000 1 , 400 7 , 000 1 / 31 Salaries Expense 1 , 400 Salaries Payable 1 , 400 2 / 9 Salaries Expense 5 , 600 Salaries Payable 1 , 400 Cash 7 , 000 \begin{array} { | l | l | r | r | } \hline 1 / 31 & \text { Salaries Expense } & 1,400 & \\\hline & \text { Salaries Payable } & & 1,400 \\\hline 2 / 9 & \text { Salaries Expense } & 5,600 & \\\hline & \text { Salaries Payable } & 1,400 & \\\hline & \text { Cash } & & 7,000 \\\hline\end{array} 1/31 2/9 Salaries Expense Salaries Payable Salaries Expense Salaries Payable Cash 1 , 400 5 , 600 1 , 400 1 , 400 7 , 000
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