Which of the following describe the Salaries payable account. Consider the following information.
Basics Of Accounting Chart Of Accounts General Journal General Led Chart Of Accounts Accounting Cost Accounting
The required adjusting entry would be to debit the Salaries expensepayable account and debitcredit the.
. The required adjusting entry would be to debit the Salaries ___ expensepayable account and ___. The balance in the account. Salaries and Wages Payable b.
The Salaries Payable account is an _____ asked Sep 22 2015 in Business by NYNancy. Which of the following describes an asset use transaction. Land 150000 Equipment 90000 Salaries Payable 12000 Notes Payable 99000 Supplies.
Which of the following is not a current liability. It is increased with a credit It is reported on the income statement. Demonstrate the required adjusting entry by completing the following sentence.
Demonstrate the required adjusting entry by completing the following sentence. Cash would be credited for 4 Which of the following accounts is considered a prepaid expense. Check all that apply It is increased with a credit.
View Screenshot_8jpg from Educational Lead 509 at Jacksonville University. Salaries payable will be debited for 500. The Debiting of Salaries Payable in the above Journal Entry removes the Salary Payable Liability on the Balance Sheet.
Which of the following describe the Salaries payable account. It reports amounts owed to employees. Salaries payable is a liability account that contains the amounts of any salaries owed to employees which have not yet been paid to them.
Which of the following describe the Salaries payable account. An adjusting entry recorded with a debit to salary expense account and a credit to a salaries payable. Check all that apply It is reported on the balance sheet.
In 2016 - Purchased Land A for 14000 In 2017 - Purchased Land B for. It is increased with a debit. Salaries expense would be debited for 3500.
Accounts receivable will be credited for 500. Matthew College San Mateo Rizal. Check all that apply It is increased with a.
Finnish Motors has the following balance sheet accounts. Which of the following describe the Salaries payable account. Accounting questions and answers.
For each of the following accounts indicate the effect of a. On January 31 of the current year the. A liability account with a normal debit balance B asset account with a normal debit balance.
Which of the following describes the classification and normal balance of the Unearned Rent Revenue account. Which of the following statements describes the expense recognition matching principle. Define the Salaries payable account by selecting the appropriate.
It is reported on the balance sheet. It reports amounts owed to. Cash will be debited for 900.
At the end of the previous year a customer owed Chocolates R US 500. Paying an accounts payable has no impact on total assets. View 762AE075-2363-41DA-BF5B-62D764484ED1jpeg from ACC 111 at St.
It is a liability account. Select all that apply. Check all that apply.
Accounting questions and answers. There is a Salaries Expense Debit entry because during the ACTUAL. Pitkin Company had the following land transactions.
Accounting questions and answers. Salary payable is an accounting term that describes the companys liability 02-Aug-2021 Every company should prepare the profit and loss account and balance Current Liability Accounts.
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