The correct adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31 is:...
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The correct adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31 is: Multiple Choice O O O debit Salary Expense, $9,000; credit Cash, $9,000 debit Salary Expense, $9,000, credit Fees Earned, $9,000 debit Salary Expense, $9,000; credit Prepaid Salary, $9,000 debit Salary Expense, $9,000; credit Salaries Payable, $9,000 The correct adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31 is: Multiple Choice O O O debit Salary Expense, $9,000; credit Cash, $9,000 debit Salary Expense, $9,000, credit Fees Earned, $9,000 debit Salary Expense, $9,000; credit Prepaid Salary, $9,000 debit Salary Expense, $9,000; credit Salaries Payable, $9,000
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The answer is debit Salary Exp ense 9 000 credit Sal aries Pay ... View the full answer
Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
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