Junkman Autos uses a separate checking account to pay their employees. The gross pay for the period was $1,000. However, after deductions were taken out, the net pay for the period was $820. The journal entry to record the issuance of payroll checks to their employees is:
A.
Salaries Payable | $ | 820 | ||
Cash | $ | 820 | ||
B.
Salaries Payable | $ | 1,000 | ||
Cash | $ | 1,000 | ||
C.
Salaries Expense | $ | 820 | ||
Salaries Payable | $ | 820 | ||
D.
Salaries Expense | $ | 820 | ||
Cash | $ | 820 | ||
Answer: A
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