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Record adjusting journal entries for each of the following Assume no other adjusting entries are made dunng the year a. Salaries Payable. At year-end salaries
Record adjusting journal entries for each of the following Assume no other adjusting entries are made dunng the year a. Salaries Payable. At year-end salaries expense of $16.000 has been incurred by the company, but is not yet paid to employees b. Interest Payable. At its December 31 year and the company owes 5275 of interest on a line of credit loan. That interest will not be paid until sometime in January of the next year c. Interest Payable. At its December 31 year end, the company holds a mortgage payable that has incurred 5900 in annual interest that is neither recorded nor paid. The company intends to pay the interest on January 7 of the next year. View transaction list Journal entry worksheet At year-end, salaries expense of $16,000 has been incurred by the company, but is not yet paid to employees. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Record alusting journal entries for each of the following Assume no other dusting entries are made during the year a. Salaries Payable. At year-end salaries expense of 516,000 has been incurred by the company but is not yet paid to employees Interest Payable. Alls December 31 year and the company owes $275 of interest online of credit loan That interest will not be paid until sometime in January of the next year c. Interest Payable. Al its December 31 year and the company holds a mortgage payable that has incurred 5900 in annual interest that is neither recorded nor pald The company intends to pay the interest on January 7 of the next year View transaction list Journal entry worksheet At its December 31 year-end, the company owes $275 of interest on a line-of- credit loan. That interest will not be paid until sometime in January of the next year. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal References eBook & Resources
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