Question:On December 26 of Year 1, XYZ Company hired three sales associates to begin work immediately on an after-Christmas sale. The associates were paid on January 9 of Year 2. Disregarding amounts, what entry should have been made on December 31 of Year 1? 

A Dr: Salary Expense, Cr: Salary Payable 
B Dr: Salary Expense, Cr: Cash 
C Dr: Salary Payable, Cr: Cash 
D Dr: Salary Payable, Cr: Salary Expense 

+ Answer
A 

+ Explanation
Answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description