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The correct adjusting entry for accrued and unpaid employee salaries of $9,700 on December 31 Is: Multiple Choice Debit Salary Expense, $9,700; credit Salaries

The correct adjusting entry for accrued and unpaid employee salaries of $9,700 on December 31 Is: Multiple Choice Debit Salary Expense, $9,700; credit Salaries Payable, $9,700. Debit Salary Expense, $9,700; credit Cash, $9,700. Debit Salaries Payable, $9,700; credit Salary Expense, $9,700. Debit Salary Expense, $9,700; credit Prepaid Salary, $9,700. Debit Salary Expense, $9,700; credit Fees Earned, $9,700.

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