Question: Journalizing current liabilities Edmund O'Mally associates reported short-term notes payable and salaries payable as follows: 2014 2013 Current Liabilities --partial: Short-term notes payable $16,400 $15,600

Journalizing current liabilities

Edmund O'Mally associates reported short-term notes payable and salaries payable as follows:

2014 2013
Current Liabilities --partial:
Short-term notes payable $16,400 $15,600
Salaries payable 3,400 3,100

During 2014, O'MALLY paid off both current liabilities that were left over from 2013, borrowed money on short-term notes payable, and accrued salaries expense. Journalize all four of these transactions for O'Mally during 2014. Assume no interest on short-term notes payable for $15,600

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