In January 2012, Stockman Company employees were paid the $10,000 owed them for work done in 2011.

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In January 2012, Stockman Company employees were paid the

$10,000 owed them for work done in 2011. This payment decreases the liability Accrued Salaries. The journal entry for this transaction is:

Dr. . . .

Cr. . . . . . . . . . . . . . . . . . . . . . .

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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