Kim's Auto Services paid $300 cash to employees for work performed in the current period. Which of the following general journal entries will Kim's Auto Services make to record this transaction?
A.
Salaries Payable | 300 | |
Salaries Expense | 300 |
B.
Salaries Expense | 300 | |
Cash | 300 |
C.
Salaries Expense | 300 | |
Dividends | 300 |
D.
Cash | 300 | |
Salaries Expense | 300 |
E.
Salaries Expense | 300 | |
Accounts Payable | 300 |
Answer: B
Business
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