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Edmund O'Mally Associates reported short-term notes payable and salaries payable as follows: (Click the icon to view the short-term notes payable and salaries payable.) During
Edmund O'Mally Associates reported short-term notes payable and salaries payable as follows: (Click the icon to view the short-term notes payable and salaries payable.) During 2024, O'Mally paid off both current liabilities that were left over from 2023, borrowed cash on short-term notes payable, and accrued salaries expense. Journalize all four of these transactions for O'Mally during 2024. Assume no interest on short-term notes payable of $15,700. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the payoff of the short-term notes payable from 2023. Data table Print Done
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