Fitzpatrick Company had $500 of accrued salary expenses that will be paid during the following accounting period. How would the related adjusting entry be recorded in the company’s T-accounts?
Multiple Choice
Salaries Expense
500 Cash
500
Cash
500 Salaries Expense
500
Salaries Expense
500 Salaries Payable
500
Salaries Payable
500 Salaries Expense
500