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TB MC Qu. 03-190 A company recorded... A company recorded 2 days of accrued salaries of $1,750 for its employees on January 31. On February
TB MC Qu. 03-190 A company recorded... A company recorded 2 days of accrued salaries of $1,750 for its employees on January 31. On February 9, it paid its employees $7,700 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 1,750 1/31 Salaries Payable Salaries Expense 1,750 19 Salaries Expense Salaries Payable Cash 5,950 1,750 7,700 1/31 1,750 Salaries Expense Salaries Payable 1,750 /9 7,700 Salaries Expense Cash 7,700 1/31 1,750 Salaries Expense Salaries Payable 1,750 /9 Salaries Payable Salaries Expense Cash 5,950 1,750 7 1 ,700 1/31 1,750 Salaries Expense Cash 1,750 2/9 7,700 Salaries Expense Cash 7,700 1/31 1,750 Salaries Expense | Salaries Payable 1,750 2/9 Salaries Expense Salaries Payable Cash 5,950 1,750 7,700
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