The journal entry to record the payment of salaries for the month is:
A) Debit Cash; Credit Salaries Payable
B) Debit Salaries; Credit Accounts Payable
C) Debit Salaries Expense; Credit Cash
D) Debit Cash; Credit Salaries Expense
Correct Answer:
Verified
Q20: When a transaction is entered in a
Q21: The first place a transaction is recorded
Q22: Identify the entry below that records the
Q23: Which of the following statements is CORRECT?
A)Accounts
Q24: If the owner of the business wants
Q26: The journal entry to record the receipt
Q27: The journal entry to record the payment
Q28: If a transaction is properly analyzed and
Q29: A purchase of office equipment for cash
Q30: The process of transferring the data from
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