Question
Question 3 Panoramic Inc. had a beginning balance of $3,400 in its Accounts Receivable account. The ending balance of Accounts Receivable was $3,600. During the
Question 3
Panoramic Inc. had a beginning balance of $3,400 in its Accounts Receivable account. The ending balance of Accounts Receivable was $3,600. During the period, Panoramic recognized $45,000 of revenue on account. Panoramics Salaries Payable account has a beginning balance of $2,550 and an ending balance of $1,100. During the period, the company recognized $39,850 of accrued salaries expense.
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