An adjusting entry was made on year-end December 31 to accrue salary expense of $2800. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $6200 payment of salaries in January of the following year?
A.
Salaries Expense | 6200? | |
Cash | 6200? |
B.
Salaries Payable | 6200? | |
Cash | 6200? |
C.
Salaries Payable | 2800? | |
Salaries Expense | 3400? | |
Cash | 6200? |
D.
Salaries Expense | 2800? | |
Salaries Payable | 2800? |
E.
Salaries Payable | 2800? | |
Cash | 2800? |
Answer: C
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