Discuss about the accounts payable

Reference no: EM131880649

Question: On 01/31, OTP records the $2,200 employee salary that is owed but will be paid February 1. Record the transaction. What would it be? I had written debit Salaries and Wages Expense for $2,200 and credit Accounts Payable for $2,200. Salaries and Wages Expense was correct, but Accounts Payable is not the right account.

Reference no: EM131880649

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Discuss about the accounts payable : On 01/31, OTP records the $2,200 employee salary that is owed but will be paid February 1. Record the transaction. What would it be?

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