a. On January 1, prepare a reversing entry. On January 8, journalize the entry to record the

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a. On January 1, prepare a reversing entry. On January 8, journalize the entry to record the paying of Salaries Expense, $760.
b. What will be the balance in Salaries Expense on January 8 (after posting)?

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College Accounting A Practical Approach Chapters 1-25

ISBN: 9780133791006

13th Edition

Authors: Jeffrey Slater

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Question Posted: Apr 14, 2017 12:34 PM

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a. On January 1, prepare a reversing entry. On January 8, journalize the entry to record the

Question:

December 31: Salaries Expense Salaies Payable Dr. Cr. Dr. Cr. 760 380 Adj. Adj. 380 1,140 1,140 closing

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a Jan 1 Salaries Payable 3 8 0 ...View the full answer

College Accounting A Practical Approach Chapters 1-25

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