On January 9 a company pays $6,200 for salaries, of which $1,100 was reported as Salaries and

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On January 9 a company pays $6,200 for salaries, of which $1,100 was reported as Salaries and Wages Payable on December 31. Give the entry to record the payment.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 21, 2011 01:51 PM

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On January 9 a company pays $6,000 for salaries, of which $1,100 was reported as Salaries Payable on December 31. Give the entry to record the payment.
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On January 9 a company pays $6,200 for salaries, of which $1,100 was reported as Salaries and

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Financial Accounting Tools for business decision making

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