On 01/31 the adjusted trial balance shows: DR bal. Salaries Expense of $1990 CR bal. for Salaries
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Question:
On 01/31 the adjusted trial balance shows:
- DR bal. Salaries Expense of $1990
- CR bal. for Salaries Payable of $990
Salaries were paid in January in the amount of $2690.
What was the balance of Salaries Payable on 12/31 of the prior year?
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