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QUESTION 7 Which of the following entry is correct for the transaction Company ABC paid employees $2,400 for work done in April 2015.? DR Cash

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QUESTION 7 Which of the following entry is correct for the transaction Company ABC paid employees $2,400 for work done in April 2015.? DR Cash 2400; CR Salary Income 2400 DR Salary Receivable 2400; CR Salary Income 2400 DR Salary Expenses 2400; CR Salary Payable 2400 DR Salary Expenses 2400; CR Accrued Salary 2400 None of the above

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