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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 5
Journalizing current liabilities
Edmund O'MallyAssociates reported short-term notes payable and salary payable as follows:
During 2012, O'Mally paid off both current liabilities that were left over from 2011, borrowed money on short-term notes payable, and accrued salary expense.
Requirement
1. Journalize all four of these transactions for O'Mally during 2012.
Edmund O'MallyAssociates reported short-term notes payable and salary payable as follows:
During 2012, O'Mally paid off both current liabilities that were left over from 2011, borrowed money on short-term notes payable, and accrued salary expense.
Requirement
1. Journalize all four of these transactions for O'Mally during 2012.
Explanation
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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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