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    Business
  3. Study Set
    Accounting The Financial
  4. Exam
    Exam 3: The Adjusting Process
  5. Question
    On December 31,2019,$2,500 of Salaries Have Been Earned but Not
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On December 31,2019,$2,500 of Salaries Have Been Earned but Not

Question 225

Question 225

Essay

On December 31,2019,$2,500 of salaries have been earned but not yet paid to employees.If the business failed to make an adjusting entry on December 31,2019,indicate the effect on assets,liabilities,equity,and net income.
On December 31,2019,$2,500 of salaries have been earned but not yet paid to employees.If the business failed to make an adjusting entry on December 31,2019,indicate the effect on assets,liabilities,equity,and net income.

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