Question
A company owes employees' salaries of $15,000. This would be recorded as: A. debit Salaries payable, credit Cash. B. debit Salaries expense, credit Salaries payable.
A company owes employees' salaries of $15,000. This would be recorded as:
A. debit Salaries payable, credit Cash.
B. debit Salaries expense, credit Salaries payable.
C. debit Salaries expense, credit Cash.
D. debit Salaries payable, credit Salaries expense.
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
