Which accounts are used in the adjusting entry to record salaries owed to employees,but not paid until the next accounting period?

Question

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The adjusting entry to record salaries owed to employees but not paid until the next accounting period involves debiting Salaries Expense and crediting Salaries Payable. This reflects the recognition of the expense in the current period and the liability created for the unpaid salary, which will be paid in the next period. Option A correctly identifies these two accounts. Option B is incorrect because Unearned Salaries is not a relevant account in this context. Option C is incorrect because Deferred Salaries Expense is not a standard account, and Salaries Payable is the liability account that should be credited. Option D is incorrect because Deferred Salaries Payable and Salaries Receivable are not usual accounts used in this situation.

Which Accounts Are Used in the Adjusting Entry to Record