Question: Data table Eli O'Henry Associates reported short-term notes payable and salaries payable as follows: (Click the icon to view the short-term notes payable and salaries

 Data table Eli O'Henry Associates reported short-term notes payable and salaries
payable as follows: (Click the icon to view the short-term notes payable

Data table Eli O'Henry Associates reported short-term notes payable and salaries payable as follows: (Click the icon to view the short-term notes payable and salaries payable.) During 2018, O'Henry paid off both current liabilities that were left over from 2017, borrowed cash on short-term notes payable, and accrued salaries expense. Journalize all four of these transactions for O'Henry during 2018 . Assume no interest on short-term notes payable of $15,500. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Journalize the payoff of the short-term notes payable from 2017

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