At October 31, Frank Voris Company made an accrued expense adjusting entry of ($ 500) for salaries.
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At October 31, Frank Voris Company made an accrued expense adjusting entry of \(\$ 500\) for salaries. Prepare the reversing entry on November 1 and indicate the balances in Salaries Payable and Salaries Expense after posting the reversing entry.
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Related Book For 
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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