a-company-has-an-accrued-salary-expense-of-1500-what-is-the-impact-of-this-on-th

Question

A company has an accrued salary expense of $1,500. What is the impact of this on the adjusted trial balance?

Accepted Answer

Increase Salary Expense and Salary Payable by $1,500.

Answer

Decrease Salary Expense and Salary Payable by $1,500.

Answer

Increase Salary Expense and decrease Salary Payable by $1,500.

Answer

Decrease Salary Expense and increase Salary Payable by $1,500.

A company has an accrued salary expense of \$1,500. What is the impact of this on the adjusted trial balance?