Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Match Incorporated recorded salary expense of $120,000 in 2019. However, additional salaries of $9,000 had been earned, but not paid or recorded at December 31,

image text in transcribed
Match Incorporated recorded salary expense of $120,000 in 2019. However, additional salaries of $9,000 had been earned, but not paid or recorded at December 31, 2019. After the adjustments are recorded and posted at December 31, 2019, the balances in the Salaries Expense and Salaries Payable accounts will be Salaries Expense Salaries Payable 3. $120,000 b. $109,000 c. $129,000 $9,000 d. $120,000 $9,000 $0 $0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mastering ISO Auditing A Comprehensive Guide To Learn ISO Auditing

Authors: Cybellium Ltd, Kris Hermans

1st Edition

B0CHL9PQFC, 979-8861285858

More Books

Students also viewed these Accounting questions