To record accrued salaries, you would:
A) debit Cash and credit Salaries Payable.
B) debit Salaries Payable and credit Salaries Expense.
C) debit Salaries Expense and credit Salaries Payable.
D) debit Salaries Expense and credit Cash.

Question

Quizplus · Accepted Answer

Accrued salaries are recorded by debiting Salaries Expense to recognize the expense incurred and crediting Salaries Payable to recognize the liability owed but not yet paid.

To Record Accrued Salaries, You Would