Brief Exercise 4-12 (BE4-12) At October 31, Nathan Company made an accrued expense adjusting entry of

ACC 280 / XACC 280

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Principles of Accounting

Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2008). Financial Accounting (6th ed.). Hoboken, NJ: Wiley.

ACC 280 / XACC 280 Solution
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Brief Exercise 4-12 (BE4-12) At October 31, Nathan Company made an accrued expense adjusting entry of $1,400 for salaries. Prepare the reversing entry on November 1, and indicate the balances in Salaries Payable and Salaries Expense after posting the reversing entry

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