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Which of the following Accounts would have Journal Entry postings based only on these transactions: 1) Employee 1 is paid for previous month's work (Salaries
Which of the following Accounts would have Journal Entry postings based only on these transactions: 1) Employee 1 is paid for previous month's work (Salaries are accrued at the end of every month, and Employee 1 has one week of PTO that was unused) Salaries Payable O Cash Salaries Expense PTO Benefit Expense PTO Benefit Payable On January 1, Year 1, KASE borrowed $279,000 on a 11-year, 4% installment note payable. The terms of the note require KASE to pay 11 equal payments each December 31 for 11 years. The cumulative interest expense through July 31, Year 10 is: Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer Enter your answer as rounded to the nearest whole number, for example: if the answer is 100, enter 100 if the answer is 100.49, enter 100 if the answer is 100.5, enter 101
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