a. On January 1, 2022 prepare a reversing entry. On January 8, 2022 journalize the entry to
Question:
a. On January 1, 2022 prepare a reversing entry. On January 8, 2022 journalize the entry to record the payment of salary expense, $900.
b. What will be the balance in Salary Expense on January 8 (after posting)?
Transcribed Image Text:
Salary Expense 900 1,200 closing Adj. 300 December 31, 2021 Accrued Salaries 300 Adj.
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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