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Brief Exercise 4-8 The bookkeeper for Sheridan Company asks you to record the following accrual adjustments at December 31 in the tabular summary that follows.
Brief Exercise 4-8 The bookkeeper for Sheridan Company asks you to record the following accrual adjustments at December 31 in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) (a) (b) Interest on notes payable of $210 is accrued. Services performed but unbilled totals $1,990. Salaries of $700 earned by employees have not been recorded. (c) Assets Liabilities Stockholders' Equity Accounts_ Interest Payable +Payable Sal./Wages ^ Com Stock Adjustment Receivable + Rev. Exp Div
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