On December 31, 2023, Beautiful Brows Salon received its business cellphone bill for December (Dec. 1 to

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On December 31, 2023, Beautiful Brows Salon received its business cellphone bill for December (Dec. 1 to Dec. 31) usage of $2,000. It must be paid by January 15, 2024.
a. To prepare the 2023 annual financial statements, record the adjusting entry on December 31, 2023.
b. Record the payment of the cellphone bill on January 15, 2024.

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Fundamental Accounting Principles Volume 1

ISBN: 9781260881325

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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