Question: can someone help me with this hwk problem asap please ? Record adjusting journal entries for each of the following for year ended December 31
Record adjusting journal entries for each of the following for year ended December 31 . Assume no other adjusting entries are made during the year, 0. Solaries Poyoble. At year-end, salaries expense of $20.500 has been incurred by the company, but is not yet paid to employees. b. Interest Payable. At its December 31 year-end, the company owes $500 of interest on a line-of-credit loan. That interest will not be paid until sometime in January of the next year c. Interest Poyable. At its December 31 year-end, the company holds a mortgage payable that has incurred $1,125 in annual interest that is neither recorded nor paid. The company intends to pay the interest on January 7 of the next year. Journal entry worksheet At year-end, salaries expense of $20,500 has been incurred by the company, but is not yet paid to employees. Note: tnter debes befare credits
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