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On December 31, the company owed its employees $2,000 in salaries and wages that will be paid on January 7. This $2,000 is considered as
On December 31, the company owed its employees $2,000 in salaries and wages that will be paid on January 7. This $2,000 is considered as liability according to the company's accounting record as of December 31 true or false
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