HOMEWORK QUESTION, Financial Accounting?

BUNNY

New member
An adjusted trial balance on 1/31/11 shows a Salaries Payable Credit of $800 and a Salaries Expense Debit of $1,800. If $3,500 of salaries was paid in January, what was the balance in Salaries Payable at December 31, 2010?

Ugg....I have gotten all other questions right so I thought I understood the concept but this one is driving me mad! Can anyone explain this to me pretty please?
 
Back
Top