Fitzpatrick Company had $500 of accrued salary expenses that will be paid during the following accounting period. How would the related adjusting entry be recorded in the company's T-accounts?
A.
| Salaries Expense | |
| 500 | |
| Cash | |
| 500 | |
B.
| Salaries Expense | |
| 500 | |
| Salaries Payable | |
| 500 | |
C.
| Cash | |
| 500 | |
| Salaries Expense | |
| 500 | |
D.
| Salaries Payable | |
| 500 | |
| Salaries Expense | |
| 500 | |
Answer: B
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