To record the cash payment of payroll for the month, which of the following is...
90.2K
Verified Solution
Link Copied!
Question
Accounting
To record the cash payment of payroll for the month, which of the following is the correct entry? a) debit salaries expense, credit cash b) debit salaries expense, credit accounts payable c) debit cash, debit payroll liabilities, credit salaries expense d) debit salaries expense, credit payroll liabilities, credit cash
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
