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es/34917/assignments/3638740 View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Sheridan Company made an accrued expense adjusting entry of $1,540 for

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es/34917/assignments/3638740 View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Sheridan Company made an accrued expense adjusting entry of $1,540 for salaries. On January 4, 2022, it paid salaries of $3,110: $1,540 for December salaries and $1,570 for January salaries. (a) Your answer is correct. Prepare the December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Credit Date Debit Account Titles and Explanation 1,540 Dec. 31 Salaries Expense 1,540 Salaries Payable (To accrue salaries at year-end) A 19:35 ENG 12/02/202 92 LIST OF Accounts Attempts: 1 of 3 used (b) Your answer is partially correct. Prepare the December 31 closing entry for salaries. (Credit account titles are automatically indented when amount is entered. Do not inde manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Credit Debit Account Titles and Explanation Dec. 31 Salaries Expense 3,110 Salaries Payable (Closing entry) ADU ENG Salaries Payable 3,110 (Closing entry) e Textbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the partabave

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