(Answered) If a company recognizes 5k of accrued salary expense on

Accounting

If a company recognizes $5k of accrued salary expense on 12/31 year 1: A. 1/1 year 2, there's a 0 balance in accrued salaries expense acct B. 1/1 year 2, there's a $5k balance in accrued salaries payable acct C the 12/31 year 1 expense recognition won't affect cash flow.

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