An adjusting entry to accrue salary expense is a claims exchange transaction.

Name: An adjusting entry to accrue salary expense is a claims exchange transaction.
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An adjusting entry to accrue salary expense involves recognizing and recording an expense that has been incurred but not yet paid. This is a claims exchange transaction because it involves an increase in the company's liability (claims of employees for salary owed) and a decrease in equity (expenses incurred).

An Adjusting Entry to Accrue Salary Expense Is a Claims