An adjusting entry that credits Salaries Payable is an example of a(n)________.
A) accrued expense
B) deferred revenue
C) accrued revenue
D) deferred expense

Name: An adjusting entry that credits Salaries Payable is an example of a(n)________. A) accrued expense B) deferred revenue C) accrued revenue D) deferred expense
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

An adjusting entry that credits Salaries Payable is an example of an accrued expense, which means that an expense has been incurred but not yet paid.

An Adjusting Entry That Credits Salaries Payable Is an Example