Essay
At the end of 2019, the unadjusted accounting records contain the following selected accounts and balances:
A)The company has not paid its employees for the final 3 days in 2019. The amount owed is $2,500. How much salary expense should be reported for the year ended December 31, 2019?
B)What additional adjustments would you expect the company to make at year end that would result in additional revenue as a result of the accounts listed?
Correct Answer:

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A)$34,700 ($32,200 (unadjusted...View Answer
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