a. On January 1, 2013, prepare a reversing entry. On January 8, 2013, journalize the entry to

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a. On January 1, 2013, prepare a reversing entry. On January 8, 2013, journalize the entry to record the payment of salary expense, $900.
b. What will be the balance in Salary Expense on January 8 (after posting)?

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College Accounting A Practical Approach

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Authors: Jeffrey Slater, Brian Zwicker

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Question Posted: Feb 23, 2016 06:12 AM

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a. On January 1, 2013, prepare a reversing entry. On January 8, 2013, journalize the entry to

Question:

December 31, 2012 Salary Expense Accrued Salaries 900 1,200 closing 300 Adj. Adj. 300

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a Date 2013 Account Title and Description Post Ref Debit ...View the full answer

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