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A company recorded 2 days of accrued salaries of $1,450 for its employees on January 31. On February 9, it paid its employees $7,100
A company recorded 2 days of accrued salaries of $1,450 for its employees on January 31. On February 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are: Multiple Choice 1/31 Salaries Expense 1,450 Salaries Payable 1,450 2/9 Salaries Expense 5,650 Salaries Payable 1,450 Cash 7,100 1/31 Salaries Payable 1,450 Salaries Expense 1,450 2/9 Salaries Expense 5,650 Salaries Payable 1,450 Cash 7,100 1/31 Salaries Expense 1,450 Salaries Payable 1,450
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