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    Fundamental Accounting Principles Study Set 1
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    Exam 3: Adjusting Accounts and Preparing Financial Statements
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    Before an Adjusting Entry Is Made to Accrue Employee Salaries
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Before an Adjusting Entry Is Made to Accrue Employee Salaries

Question 208

Question 208

True/False

Before an adjusting entry is made to accrue employee salaries, Salaries Expense and Salaries Payable are both understated.

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