On January 9 a company pays $5,000 for salaries, of which $1,100 was reported as Salaries Payable

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On January 9 a company pays $5,000 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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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

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

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