Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On December31, 2019, salaries owed to employees total $ 4450. These will be paid on January4, 2020. An adjusted trial balance prepared on December31, 2019,

On December31, 2019, salaries owed to employees total $ 4450. These will be paid on January4, 2020. An adjusted trial balance prepared on December31, 2019, includes which of thefollowing?

A.

UnearnedSalaries, $ 4450 and SalariesPayable, $ 4450

B.

SalariesExpense, $ 4450 and SalariesPayable, $ 4450

C.

UnearnedSalaries, $ 4450

D.

SalariesPayable, $ 4450 and Unearned SalariesRevenue, $ 4450

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_2

Step: 3

blur-text-image_3

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

Advanced Accounting

Authors: Susan S. Hamlen

3rd Edition

1618531514, 978-1618531513

More Books

Students also viewed these Accounting questions

Question

understand possible effects of lifestyle risk factors;

Answered: 1 week ago