Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15.Payment occurs on January 20.
The entry on January 20 would be a debit to
A) Salaries Payable and a credit to Cash.
B) Salaries Payable and a credit to Salaries Expense.
C) Salaries Expense and a credit to Cash.
D) Salaries Expense and a credit to Salaries Payable.

Question

Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15.Payment occurs on January 20.
 The entry on January 20 would be a debit to
A) Salaries Payable and a credit to Cash. 
B) Salaries Payable and a credit to Salaries Expense. 
C) Salaries Expense and a credit to Cash. 
D) Salaries Expense and a credit to Salaries Payable.

Quizplus · Accepted Answer

The entry on January 20 would be a debit to Salaries Payable (to reduce the liability) and a credit to Cash (to record the payment made to employees).

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