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The day of the business is 31 December 2020. Record the adjusting entries for the following: (6 marks) a. Salaries owing $600 b. On 1

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The day of the business is 31 December 2020. Record the adjusting entries for the following: (6 marks) a. Salaries owing $600 b. On 1 September 2020, rent $5,000 was paid for the next 5 months in advance c. Interest income earned for the period but has not yet been received and not yet recorded $450

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