On December 31. Sondgeroth Corporation correctly made S an adjusting entry to recognize $2,000 of accrued salaries

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On December 31. Sondgeroth Corporation correctly made S an adjusting entry to recognize $2,000 of accrued salaries payable. On January 8 of the next year, total salaries of

$3,500 were paid. Assuming the correct reversing entry was made on January 1. the entry on January 8 will result in a credit to Cash $3,500. and the following debit(s):

a. Salaries Payable $3,500.

b. Salaries Expense $3,500.

c. Salaries Payable $2,000 and Salaries Expense $1,500.

d. Salaries Payable $1,500 and Salaries Expense $2,000.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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