Question
Saved Help a. Salaries Payable. At year-end, salaries expense of $16,000 has been incurred by the company, but is not yet paid to employees.
Saved Help 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-end, the company owes $275 of interest on a 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 $900 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 < 1 2 3 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 a. General Journal Debit Credit < Prev 2 of 7 Next >
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