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PART C: The following journal entryr was made to record all remaining transactions during the year. Post thisjournal entry to the appropriate tvaccounts. Dr. investments,

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PART C: The following journal entryr was made to record all remaining transactions during the year. Post thisjournal entry to the appropriate tvaccounts. Dr. investments, net 3,239 Dr. Prepaid expenses 3,25tl Dr. Other current assets 245 Dr. Other long-term assets 1,324 Dr. Accrued salaries, benets, and other 2,423 Dr. Other current liabilities 544 Dr. Research and development expense 5,28 Dr. Selling, general, and administrative ei-tpenses 4,43? Dr. Income tax expense 1,559 Dr. Long-term debt 93 Cr. Cash and cash equivalents 25,845 Cr. Income taxes payable 59 Cr. Other long+term liabilities 1,123 PART B: Record adj ustingjournal entries for the following items and then post these journal entries to your taeeounts. 1) Employees were last paid on July 25, 20G? for wages earned through July 21, 20139. Art the end of scal 2039, there were 4 days of wages plus several year-end bonuses that had not 1oeen recorded. This amounted to $2,535 including all related payroll taxes. Salary-related expenses are included as part of "Bel ling, general, and administrative expenses." 2) The company recorded $5ltt in depreciation expense (included as part ot'"Sel|ing, general, and administrative expenses\") on its property and equipment

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