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25 July, 04:25

When preparing government-wide financial statements at the end of the fiscal year, Meen County recorded an adjusting entry for salaries of $8,500,000. The salaries for 1 week, $13,700,000, were paid on the first Friday of the new fiscal period. The entry to record payment of salaries for the week is

A. Salary expenditure $8,500,000

Salary payable 5,200,000

Cash $13,700,000

B. Salary expense $5,200,000

Salary payable 8,500,000

Cash $13,700,000

C. Salary expenditure $8,500,000

Salary payable $8,500,000

D. Salary expense $13,700,000

Cash $13,700,000

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Answers (1)
  1. 25 July, 05:22
    0
    I think it's b sorry if it's wrong
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