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

Question

Quizplus · Accepted Answer

To record salary expense, we need to debit the Salaries and Wages Expense account, which would increase the expense. Therefore, D is the best choice for this scenario. A is incorrect because it leads to a credit to Salaries and Wages Expense instead of a debit. B is incorrect because it is the opposite entry to what we need, as we need to debit Cash when employees are paid, and C is incorrect because it would be used when recording salaries that are still owed but have not yet been paid, which does not apply in this scenario.