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An adjusting entry was made on year-end December 31 to accrue salary expense of S2,600. Assuming the company does not prepare reversing entries, which of
An adjusting entry was made on year-end December 31 to accrue salary expense of S2,600. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $5,800 payment of salaries in January of the following year? Multiple Choice Salaries Expense 5,886 Cash 5,800 5alaries Payable 5,880 Cash 5,300 Salaries Payable 2,680 Cash 2,600 Salaries Expense 2,608 Salaries Payable 2,600 Salaries Payable Salaries Expense 2,600 3,200 2ee
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