The Statewide Sales Company has gross pay for March of $45,000.Which of the following would be included in the first journal entry in the payroll cycle to record salary expense?

Question

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The first journal entry for the payroll cycle typically involves recording the total gross pay for the period as a debit to salary expense and a credit to either cash or salary payable. Option A, credit salary expense, is incorrect as salary expense should be debited. Option B, debit cash, is missing the credit entry for salary expense or salary payable. Option C, debit salary payable, would be the correct credit entry if the company chooses to pay their employees at a later date, but the question does not provide this information. Therefore, the best choice is D, debit salary expense.

The Statewide Sales Company Has Gross Pay for March of $45,000.Which