Ask Question
27 February, 06:25

When preparing government-wide financial statements at the end of the fiscal year, Meen County recorded an adjusting entry for salaries of $8,500,000. The salaries for 1 week, $13,700,000, were paid on the first Friday of the new fiscal period. The entry to record payment of salaries for the week is

A. Salary expenditure $8,500,000

Salary payable 5,200,000

Cash $13,700,000

B. Salary expense $5,200,000

Salary payable 8,500,000

Cash $13,700,000

C. Salary expenditure $8,500,000

Salary payable $8,500,000

D. Salary expense $13,700,000

Cash $13,700,000

+5
Answers (1)
  1. 27 February, 06:47
    0
    I think it's b sorry if it's wrong
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When preparing government-wide financial statements at the end of the fiscal year, Meen County recorded an adjusting entry for salaries of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers