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An Adjusting Entry Was Made on Year-End December 31 to Accrue

Question 178

Multiple Choice

An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made?


A) An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made? A)    B)    C)    D)    E)
B) An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made? A)    B)    C)    D)    E)
C) An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made? A)    B)    C)    D)    E)
D) An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made? A)    B)    C)    D)    E)
E) An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year assuming reversing entries were not made? A)    B)    C)    D)    E)

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