17. On January 9, a company pays $5,000 for salaries, of which $2,000 was reported as Salaries...

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17. On January 9, a company pays $5,000 for salaries, of which

$2,000 was reported as Salaries Payable on December 31.

Give the entry to record the payment.

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Financial Accounting

ISBN: 9780470128848

6th Edition

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

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