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Business, 14.02.2020 19:24 bri9263

The accrued salary expense journal entry is a debit to Salaries Expense and a credit to Salaries Payable for $1,000 on December 31. The company chooses not to record reversing entries and pays its weekly payroll of $5,000 on January 3 of the following year. The journal entry would include a .

(A) debit to Salaries Payable for $1000
(B) debit to Cash for $4000
(C) debit to Retained Earnings for $1000
(D) credit to Salaries Expense for $4000

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