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Hello, I was hoping someone could help with my accounting practice work. During 2018, O'Neil paid off both current liabilities that were left over from

Hello, I was hoping someone could help with my accounting practice work.image text in transcribedimage text in transcribed

During 2018, O'Neil paid off both current liabilities that were left over from 2017, borrowed cash on short-term notes payable, and accrued salaries expense. Journalize all four of these transactions for O'Neil during 2018. Assume no interest on short-term notes payable of $15,500. (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 2017 Debit Credit Date Accounts and Explanation 2018

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