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Mathematics, 25.02.2021 14:00 perlacruz0505

“Traveling expenses” of $ 5,000 and” Promotion and entertainment” of $ 15,000 should be accrued. This amount represents an estimate of the amount of expenses that have been incurred in

June but that will not be invoiced until July.

You discover that there is no account called “Accounts Payable – Accrued” so you decide to

create it. Use account number 2022.​

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Answers: 2

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“Traveling expenses” of $ 5,000 and” Promotion and entertainment” of $ 15,000 should be accrued. Th...
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