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An Adjusting Entry Was Made on Year-End December 31 to Accrue

Question 31

Multiple Choice

An adjusting entry was made on year-end December 31 to accrue salary expense of $1,200. Which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year?


A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

Correct Answer:

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