Solved

On December 31,2016,Gaskins Co

Question 48

Multiple Choice

On December 31,2016,Gaskins Co.owed $4,500 in salaries to employees who had worked during December but would be paid in January.If the year-end adjustment is properly recorded on December 31,2016,what will be the effect of this accrual on the following items for Gaskins? On December 31,2016,Gaskins Co.owed $4,500 in salaries to employees who had worked during December but would be paid in January.If the year-end adjustment is properly recorded on December 31,2016,what will be the effect of this accrual on the following items for Gaskins?   A) Option A B) Option B C) Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents