King Company pays an assistant $900 who worked during the month.How would King record this payment?
A) Debit Salaries Expense for $900 and credit Accounts Payable for $900.
B) Debit Salaries Expense for $900 and credit Cash for $900.
C) Debit Accounts Payable for $900 and credit Salaries Expense for $900.
D) Debit Cash for $900 and credit Salaries Expense for $900.
E) Debit Salaries Expense for $900 and credit Common Stock for $900.
Correct Answer:
Verified
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