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The City of Hebron has a December 31st fiscal year end. Salaries earned by city's General Fund employees for the period December 24th through
The City of Hebron has a December 31st fiscal year end. Salaries earned by city's General Fund employees for the period December 24th through December 31st will not be paid until January 7th of the next year. On December 31st, the City of Hebron accounting :personnel would debit salaries expense and credit salaries payable. O debit expenditures-salaries and credit cash. make no journal entry because cash has not yet been paid. none of the above
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