216k views
2 votes
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

User Josh Kelly
by
8.4k points

1 Answer

5 votes
I think it’s b sorry if it’s wrong
User Mmathis
by
8.5k points

Related questions

asked Sep 26, 2016 47.8k views
Matthias Meid asked Sep 26, 2016
by Matthias Meid
8.2k points
2 answers
2 votes
47.8k views
asked Oct 23, 2017 3.4k views
Pberggreen asked Oct 23, 2017
by Pberggreen
8.4k points
2 answers
2 votes
3.4k views