On December 31, Nutra Corp made the following adjusting entries. 1. Salaries Expense 56,000 Salaries Payable...

 

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On December 31, Nutra Corp made the following adjusting entries. 1. Salaries Expense 56,000 Salaries Payable 2. Bad Debt Expense Allowance for Doubtful Accounts 3. Income Tax Expense Income Tax Payable 4. Depreciation Expense Accumulated Depreciation 2 3 Account title 3,500 Salaries Expense 84,000 Salaries Payable 175,000 Required Prepare reversing entries as of January 1 of next year for items 1 through 4 that are appropriat 56,000 Note: If a reversing entry is not required, select No Debit Entry and No Credit Entry as the debi Ref. Dr. Cr. 1 3,500 84,000 175,000 56,000 0 0 0 0 0x 56,000 x 0x 0x 0x 0x On December 31, Nutra Corp made the following adjusting entries. 1. Salaries Expense 56,000 Salaries Payable 2. Bad Debt Expense Allowance for Doubtful Accounts 3. Income Tax Expense Income Tax Payable 4. Depreciation Expense Accumulated Depreciation 2 3 Account title 3,500 Salaries Expense 84,000 Salaries Payable 175,000 Required Prepare reversing entries as of January 1 of next year for items 1 through 4 that are appropriat 56,000 Note: If a reversing entry is not required, select No Debit Entry and No Credit Entry as the debi Ref. Dr. Cr. 1 3,500 84,000 175,000 56,000 0 0 0 0 0x 56,000 x 0x 0x 0x 0x

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Reversing Entry for Salaries Expense and Salaries Payable A... View the full answer