Question and answer
An adjusting entry that credits Salaries payable is an example of a(n);
Question
Asked 2/25/2013 6:07:44 PM
Updated 7/22/2015 4:14:04 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [7/22/2015 4:14:04 PM]
f
Get an answer
Original conversation
User: An adjusting entry that credits Salaries payable is an example of a(n);

Weegy: Salary Expense
anterp|Points 605|

Question
Asked 2/25/2013 6:07:44 PM
Updated 7/22/2015 4:14:04 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [7/22/2015 4:14:04 PM]
New answers
Rating
8
An adjusting entry that credits Salaries payable is an example of an Accrued Expense.

Added 7/22/2015 4:14:03 PM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Smith Technical Services is working on a six-month job for a client. They will collect $48,000 from their customer when the job is finished. On March 1, their Accounts receivable account has a debit balance of $8,000. At the end of March, after adjusting entries have been made, what will the balance in Accounts receivable be? Select one: a. credit balance of $8,000 b. debit balance of $12,000 c. debit balance of $48,000 d. debit balance of $16,000
Weegy: c. debit balance of $48,000 (More)
Question
Expert Answered
Updated 7/8/2023 12:40:57 AM
1 Answer/Comment
Smith Technical Services is working on a six-month job for a client. They will collect $48,000 from their customer when the job is finished. On March 1, their Accounts receivable account has a debit balance of $8,000. At the end of March, after adjusting entries have been made, $40,000 will the balance in Accounts receivable be.
Solution

$8,000 (debit) - $48,000 (credit) = -$40,000

The ending balance in the Accounts Receivable account at the end of March will be a debit balance of $40,000 (not one of the options provided).
Added 7/8/2023 12:40:57 AM
This answer has been confirmed as correct and helpful.
39,298,625
questions answered
Popular Conversations
Which of the following sentences includes a preposition?
Weegy: A preposition is a word used to link nouns, pronouns, or phrases to other words within a sentence. User: ...
7/7/2024 3:25:43 AM| 5 Answers
What is .6 divided by 19?
Weegy: 95 divided by 19 is 5. User: What is .6 divided by 10? Weegy: 95 divided by 30 = 3.167 User: 3/5 as a ...
7/15/2024 12:38:45 AM| 4 Answers
You need to find the narrator's thoughts and feelings to establish ...
Weegy: You need to find a narrator s thoughts and feelings to establish a point-of-view narrator. User: Which ...
7/7/2024 3:30:31 AM| 4 Answers
During the reading process, informational graphics can help by
Weegy: During the reading process, graphics can help by: highlighting informational elements. User: Which text ...
7/12/2024 6:32:18 AM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
Points 171 [Total 283] Ratings 0 Comments 171 Invitations 0 Offline
S
L
Points 25 [Total 4020] Ratings 0 Comments 25 Invitations 0 Offline
S
L
1
1
1
1
Points 20 [Total 2389] Ratings 2 Comments 0 Invitations 0 Offline
S
L
P
Points 15 [Total 210] Ratings 0 Comments 15 Invitations 0 Offline
S
L
Points 12 [Total 2837] Ratings 0 Comments 12 Invitations 0 Offline
S
Points 10 [Total 44] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 6 [Total 69] Ratings 0 Comments 6 Invitations 0 Offline
S
Points 3 [Total 8] Ratings 0 Comments 3 Invitations 0 Offline
S
L
Points 3 [Total 206] Ratings 0 Comments 3 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.