There wa no ajuatmemt made far asruedwages on December 31 20

There wa no ajuatmemt made far asruedwages on December 31, 2004. Thi ww an ear. The amount of wages eamed in December but mat payable umail the fran walk inJaruary 200 wa6 snot dincovered before acments for s of12/31/2004 will be oversoned eSSes lebien n of 12/31/2004 wll be avetne none of he ove

Solution

The answer is none of the above.

Because salary relates to the period of December 2004 and accrual should be made in that period even if it is payable in the later period. All expenses should be recorded in the same period for which it is incurred.

So, the accrual of salary in December 2004 is not an error.