Which of the following journal entries is correct when a company has incurred an expense for work performed but has not yet paid for theses salaries to employees? A. Salaries expense
$\quad$Operating income
B. Salaries expense
$\quad$Accrued expenses payable
C. Accrued expenses payable
$\quad$Cash
D. Retained earnings
$\quad$Salaries expense
A) Option A
B) Option B
C)Option C
D)Option D

Question

Which of the following journal entries is correct when a company has incurred an expense for work performed but has not yet paid for theses salaries to employees? A. Salaries expense
$\quad$Operating income
B. Salaries expense
$\quad$Accrued expenses payable
C. Accrued expenses payable 
$\quad$Cash
D. Retained earnings
$\quad$Salaries expense
A) Option A
B) Option B
C)Option C
D)Option D

Quizplus · Accepted Answer

The correct journal entry for incurred but unpaid salaries is to debit Salaries Expense and credit Accrued Expenses Payable.

Which of the Following Journal Entries Is Correct When a Company