Business, 13.12.2019 14:31 sofia3226

Shown below is a trial balance for novelty toys, inc., on december 31, after adjusting entries: novelty toys, inc. trial balance december 31 cash $7,750 accounts receivable 6,375 office equipment 11,250 accumulated depreciation $ 3,000 accounts payable 3,875 capital stock 11,250 retained earnings -0- dividends 3,750 fees earned 22,750 salaries expense 8,000 advertising expense 1,625 depreciation expense 2,125 $40,875 $40,875 the entry to close salaries expense account will:

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Shown below is a trial balance for novelty toys, inc., on december 31, after adjusting entries: nov...

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