On December 31, 2016, Axle Services, Inc. prepared the following accrual adjustment:

Salaries Expense 1,000
Salaries Payable 1,000

Axle uses reversing entries. Prepare the reversing entry that would be prepared on January 1, 2017.

What will be an ideal response

Salaries Payable 1,000
Salaries Expense 1,000