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Business, 08.07.2021 18:50 joe1591

An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $6,600 payment of salaries in January of the following year? a. Salaries Expenses 4,600
Cash 4,600
b. Salaries Payable 4,600
Cash 4,600
c. Salaries Payable 2,000
Cash 2,000
d. Salaries Expenses 2,000
Salaries Payable 2,000

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An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the...
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