At the end of the current year,the UNADJUSTED accounting records contain the following selected accounts and balances:
$\begin{array}{lrlr}
\text { Other Revenue } & \$ 13,600 & \text { Salary Expense } & \$ 32,200 \
\text { Supplies Expense } & 16,500 & \text { Rent Expense } & 12,400 \
\text { Depreciation Expense } & 22,000 & \text { Legal Fees Earned } & 64,300 \
\text { Utilities Expense } & 22,400 & \text { Income Tax Expense } & 15,800 \
\text { Accounts Receivable } & 22,300 & \text { Dividends } & 13,000
\end{array}$
A) The company has not paid its employees for the final three days in the current year. The amount owed is $ \$ 2,500 $. How much salary expense should be reported for the current year ended December 31 ?

Question

At the end of the current year,the UNADJUSTED accounting records contain the following selected accounts and balances:
 $\begin{array}{lrlr}
\text { Other Revenue } & \$ 13,600 & \text { Salary Expense } & \$ 32,200 \
\text { Supplies Expense } & 16,500 & \text { Rent Expense } & 12,400 \
\text { Depreciation Expense } & 22,000 & \text { Legal Fees Earned } & 64,300 \
\text { Utilities Expense } & 22,400 & \text { Income Tax Expense } & 15,800 \
\text { Accounts Receivable } & 22,300 & \text { Dividends } & 13,000
\end{array}$ 
 A) The company has not paid its employees for the final three days in the current year. The amount owed is $ \$ 2,500 $. How much salary expense should be reported for the current year ended December 31 ?

Quizplus · Accepted Answer

The Answer of At the end of the current year,the UNADJUSTED accounting records contain the following selected accounts and balances:
 $\begin{array}{lrlr}
\text { Other Revenue } & \$ 13,600 & \text { Salary Expense } & \$ 32,200 \
\text { Supplies Expense } & 16,500 & \text { Rent Expense } & 12,400 \
\text { Depreciation Expense } & 22,000 & \text { Legal Fees Earned } & 64,300 \
\text { Utilities Expense } & 22,400 & \text { Income Tax Expense } & 15,800 \
\text { Accounts Receivable } & 22,300 & \text { Dividends } & 13,000
\end{array}$ 
 A) The company has not paid its employees for the final three days in the current year. The amount owed is $ \$ 2,500 $. How much salary expense should be reported for the current year ended December 31 ?

At the End of the Current Year,the UNADJUSTED Accounting Records