Tan Traders Paid Salaries of $130 000 During the Year

Tan Traders paid salaries of $130 000 during the year and owes $2 100 for three days work carried out before the 31 December 2011 which will not be paid until January 3 2012.After the adjusting entry for the year ended 31 December 2011:

A) Salaries in the income statement are $132 100 and accrued salaries in the balance sheet are $2 100
B) Salaries in the income statement are $130 000 and accrued salaries in the balance sheet are $2 100
C) Salaries in the income statement are $127 900 and accrued salaries in the balance sheet are $2 100
D) Salaries in the income statement are $132 100 and accrued salaries in the balance sheet are $132 100