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

Business

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