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Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Note: Enter debits before credits. For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in notes, or (c) have no disclosure. Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question ma will be automatically graded as incorrect. P Note payable due in 18 months. B Bank debt due in 5 years. ? Loan due in 18 months. ? Portion of long-term note due in 1 month. ? Portion of long-term note due in 10 months. ? Wages payable due in 7 days. Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Note: Enter debits before credits. For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in notes, or (c) have no disclosure. Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question ma will be automatically graded as incorrect. P Note payable due in 18 months. B Bank debt due in 5 years. ? Loan due in 18 months. ? Portion of long-term note due in 1 month. ? Portion of long-term note due in 10 months. ? Wages payable due in 7 days

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