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    Financial and Managerial Accounting Study Set 5
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    Exam 4: Completing the Accounting Cycle
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    Prior to Adjustment at August 31, 2011, Salary Expense Has
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Prior to Adjustment at August 31, 2011, Salary Expense Has

Question 163

Question 163

Essay

Prior to adjustment at August 31, 2011, Salary Expense has a debit balance of $298,500. Salaries owed but not paid as of the same date total $2,700.
Prior to adjustment at August 31, 2011, Salary Expense has a debit balance of $298,500. Salaries owed but not paid as of the same date total $2,700.

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