Business, 02.04.2020 02:52 kaylabay1997
Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandise inventory shows $28,700 of goods still available. (a) Use the above account balances along with the additional information, prepare the adjusting entries. (b) Use the above account balances along with the additional information, prepare the closing entries.
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Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical...
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