Flagg, inc. records adjusting entries at its december 31 year end. at december 31, employees had earned $9,200 of unpaid and unrecorded salaries. the next payday is january 3, at which time $23,000 will be paid. prepare the january 1 journal entry to reverse the effect of the december 31 salary expense accrual.

debit salaries expense $9,200; credit salaries payable $9,200.

debit salaries expense $13,800; debit salaries payable $9,200; credit cash $23,000.

debit salaries payable $13,800; credit cash $13,800.

debit salaries payable $9,200, credit salaries expense $9,200.

debit salaries expense $13,800; credit salaries payable $13,800.

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31