Erin ONeil Associates reported short-term notes payable and salaries payable as follows: During 2024, ONeil paid off

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Erin O’Neil Associates reported short-term notes payable and salaries payable as follows:image text in transcribed

During 2024, O’Neil paid off both current liabilities that were left over from 2023, borrowed cash on short-term notes payable, and accrued salaries expense. Journalize all four of these transactions for O’Neil during 2024. Assume no interest on shortterm notes payable of $16,000.

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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