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As the controller of Emblem Consulting, you have hired a new employee, whom you must train. She objects to making an adjusting entry for accrued
As the controller of Emblem Consulting, you have hired a new employee, whom you must train. She objects to making an adjusting entry for accrued salaries at the end of the period. She reasons, "We will pay the salaries soon. Why not wait until payment to record the expense? In the end, the result will be the same." Write a reply to explain to the employee why the adjusting entry is needed for accrued salary expense. At the end of the period we must make an adjusting entry for accrued salary expense to . The unpaid salary expense is our If we fail to make this adjustment, we statements. balance the adjusted trial balance make sure we don't spend the cash owed to employees reconcile the cash account report all our salary expense of the period As the controller of Emblem Consulting, you have hired a new employee, whom you must train. She objects to making an adjusting entry for accrued salaries at the end of the period. She reasons, "We will pay the salaries soon. Why not wait until payment to record the expense? In the end, the result will be the same." Write a reply to explain to the employee why the adjusting entry is needed for accrued salary expense. At the end of the period we must make an adjusting entry for accrued salary expense to . The unpaid salary expense is our If we fail to make this adjustment, we . As a result we would on our financial asset owed from employes expense in the future liability to employees As the controller of Emblem Consulting, you have hired a new employee, whom you must train. She objects to making an adjusting entry for accrued salaries at the end of the period. She reasons, "We will pay the salaries soon. Why not wait until payment to record the expense? In the end, the result will be the same." Write a reply to explain to the employee why the adjusting entry is needed for accrued salary expense. At the end of the period we must make an adjusting entry for accrued salary expense to The unpaid salary expense is our If we fail to make this adjustment, we for accrued salary expense. At the end of the period we must make an adjusting entry for accrued salary expense to \lceil The unpaid salary expense is our If we fail to make this adjustment, we statements
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