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During the year, Maiden Company paid salaries of $24,000 . In addition, $8,000 in salaries has accrued by the end of the year but has
During the year, Maiden Company paid salaries of
$24,000
. In addition,
$8,000
in salaries has accrued by the end of the year but has not been paid. The year-end adjusting entry would include which one of the following?\ Multiple Choice\ Debit to Salaries Payable for
$24,000
\ Credit to Salaries Expense of
$8,000
\ Credit to Salaries Payable for
$8,000
\ Debit to Salaries Expense for
$32,000
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