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Which is correct on january for choo choco factory

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Reference no: EM132763966

Problem 1: On January 25, Choo Choco Factory hired an employee who works five days a week from Monday to Friday and receives a weekly salary of $400 every Friday. Suppose January 31 falls on Wednesday, which of the following is correct on January 31?

Select one:

a. debit salaries expense and credit cash by $400
b. debit salaries expense and credit salaries payable by $240
c. debit salaries expense and credit cash by $240
d. debit salaries expense and credit salaries payable by $400

Reference no: EM132763966

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