Use the following information to answer the following questions. The following totals for the month of April were taken from the payroll register of Magnum Company.
The journal entry to record the monthly payroll on April 30 would include a
A) credit to Salaries Payable for $8,500
B) debit to Salaries Expense for $8,252
C) debit to Salaries Payable for $8,500
D) debit to Salaries Payable for $8,252

Question

Use the following information to answer the following questions. The following totals for the month of April were taken from the payroll register of Magnum Company.
 The journal entry to record the monthly payroll on April 30 would include a
A) credit to Salaries Payable for $8,500 
B) debit to Salaries Expense for $8,252 
C) debit to Salaries Payable for $8,500 
D) debit to Salaries Payable for $8,252

Quizplus · Accepted Answer

The Answer of Use the following information to answer the following questions. The following totals for the month of April were taken from the payroll register of Magnum Company.
 The journal entry to record the monthly payroll on April 30 would include a
A) credit to Salaries Payable for $8,500 
B) debit to Salaries Expense for $8,252 
C) debit to Salaries Payable for $8,500 
D) debit to Salaries Payable for $8,252

Use the Following Information to Answer the Following Questions