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Business, 22.01.2020 23:31 jackblacks

Flagg records adjusting entries at its december 31 year-end. at december 31, employees had earned $13,600 of unpaid and unrecorded salaries. the next payday is january 3, at which time $34,000 will be paid. prepare the journal entry on january 3 to record payment assuming the adjusting and reversing entries were made on december 31 and january 1.a. debit salaries expense $9,200; credit salaries payable $9,200.
b. debit salaries expense $13,800; debit salaries payable $9,200; credit cash $23,000.
c. debit salaries payable $13,800; credit cash $13,800.
d. debit salaries payable $9,200, credit salaries expense $9,200.
e. debit salaries expense $13,800; credit salaries payable $13,800.

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Flagg records adjusting entries at its december 31 year-end. at december 31, employees had earned $1...
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