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H3Ko H3Ko
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Posts: 4891
8 years ago
The employees of Leicester Services, Inc. worked the last two weeks of December, 2016. They received their paychecks on January 2, 2017. Which of the following accounts should appear on the income statement for the year ended December 31, 2016?
A) Salaries Payable
B) Salaries Expense
C) Prepaid Expense
D) Unearned Revenue
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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8 years ago
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H3Ko Author
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7 years ago
I just realized you had posted this! Thanks so much
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