The salaries of RST company for the month of April 2022 amount to 75,000$.The company paid 2/3

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The salaries of RST company for the month of April 2022 amount to 75,000$.The company paid 2/3 for its employees on 30/4/2022.

Where should the accountant record the 25,000$ unpaid salaries?

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Posted Date: Jul 11, 2023 02:25 AM

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The salaries of RST company for the month of April 2022 amount to 75,000$.The company paid 2/3

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The unpaid salaries of 25000 should be recorded as a liability in the companys financial records Spe... View the full answer

Fundamental Accounting Principles

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