Music-Mart records ($1,000) of accrued salaries on December 31. Five days later, on January 5 (the next
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Music-Mart records \($1,000\) of accrued salaries on December 31. Five days later, on January 5 (the next payday), salaries of \($7,000\) are paid. What is the January 5 entry?
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Related Book For 
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
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