Question: Edmund OMally Associates reported short-term notes payable and salary payable as follows: During 2012, OMally paid off both current liabilities that were left over from

Edmund O€™Mally Associates reported short-term notes payable and salary payable as follows:

During 2012, O€™Mally paid off both current liabilities that were left over from 2011, borrowed money on short-term notes payable, and accrued salary expense.
Requirement
1. Journalize all four of these transactions for O€™Mally during2012.

2011 2012 Current liabilities (partial) Short-term notes payable Salary payable $ 16,400 3,400 15,600 24 3,100

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