Ajournal entry includes a debit to salary and wages expense of $5,000; a debit to salary and wages payable of $3,000; and a credit to cash for $8,000. why would this entry be appropriate?
a : the entry is an accrual of $3,000 and deferral of $5,000.
b : the entry reflects total wage and salary expenses this period of $8,000.
c : the entry is an accrual of $3,000 in wage and salary expense.
d : the entry reflects $5,000 payment of wages and salaries for the current period and $3,000 for wages and salaries accrued previously
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Ajournal entry includes a debit to salary and wages expense of $5,000; a debit to salary and wages...
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