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37. An accountant prepares the following journal entry for Jensen Corporation Sept. 1, 2010 Salaries Expense 10,000 Salaries Payable 10,000 a. The accountant's entry shows

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37. An accountant prepares the following journal entry for Jensen Corporation Sept. 1, 2010 Salaries Expense 10,000 Salaries Payable 10,000 a. The accountant's entry shows that salaries will be earned during the next accounting period. b. The accountant's entry increases the company's solvency. c. The accountant's entry increases the company's liquidity d. None of the above

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