On December 31, 2009, salaries owed to employees total $4,150. These will be paid on January 4, 2010. The adjusting entry prepared on December 31, 2009, includes a:

Name: On December 31, 2009, salaries owed to employees total $4,150. These will be paid on January 4, 2010. The adjusting entry prepared on December 31, 2009, includes a:
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The adjusting entry should recognize the salary expense incurred in 2009, so it involves debiting Salary Expense for $4,150 and crediting Salary Payable for $4,150.

On December 31, 2009, Salaries Owed to Employees Total $4,150