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Suppose your company sells services for $325 cash this month. Your company also pays $100 in salaries and wages, which includes $15 that was
Suppose your company sells services for $325 cash this month. Your company also pays $100 in salaries and wages, which includes $15 that was payable at the end of the previous month and $85 for salaries and wages of this month. Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) ces View transaction list Journal entry worksheet < A B Record the service revenue of $325 for cash. Note: Enter debits before credits. Search < Prev S 5 6 of 11 Next >
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