Indicate the normal balance and category of each of the following accounts: a. Salaries Payable b. Merchandise
Question:
a. Salaries Payable
b. Merchandise Inventory (beginning of period)
c. Freight-In
d. Payroll Tax Expense
e. Purchases Returns and Allowances
f. Sales Returns and Allowance
g. FICA—Social Security
h. Purchases Discounts
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