On January 9 , a company pays ($ 5,000) for salaries of which ($ 1,700) was reported

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On January 9 , a company pays $\$ 5,000$ for salaries of which $\$ 1,700$ was reported as Salaries Payable on December 31.

Give the entry to record the payment.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 13, 2024 02:02 AM

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On January 9 , a company pays ($ 5,000) for salaries of which ($ 1,700) was reported

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Financial Accounting

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