Question: PROBLEM 2 Prior to adjustment at April 30, the end of the current fiscal year, Salary Expense has a debit balance of $372,750. Salaries owed

PROBLEM 2 Prior to adjustment at April 30, the end of the current fiscal year, Salary Expense has a debit balance of $372,750. Salaries owed but not paid as of the same date total $5,275. On May 2, $6,000 is paid. a. Present all necessary entries assuming reversing entries are used. b. Present all necessary entries assuming NO reversing entries are used

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