Harley Consulting has provided the following information regarding cash p ayments to its employees in May and

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Harley Consulting has provided the following information regarding cash p ayments to its employees in May and June:
Salary payments in May for work performed by employees in April................$25,000
Salary payments in May for work performed by employees in May...................30,000
Salary payments in June for work performed by employees in May..................10,000
Apply the matching principle to determine how much salary expense Harley Consulting should report in its May income statement.
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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078025778

17th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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