Starlight Associates,Inc.recorded salary expense of $100,000 in 2014.However,additional salaries of $5,000 had been earned,but not paid or recorded at December 31,2014.After the adjustments are recorded and posted at December 31,2014,the balances in the Salaries Expense and Salaries Payable accounts will be Salaries Expense Salaries Payable
A) $ 105,000 $ 5,000
B) $ 100,000 $ -0-
C) $ 100,000 $ 5,000
D) $ 105,000 $ -0-
Correct Answer:
Verified
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