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Home Q & A Board Other Fields Homework Help Business Accounting
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HaydenH01 HaydenH01
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6 years ago
On December 31, 2016, Axle Services Company prepared the following accrual adjustment:

Salaries Expense1,000
       Salaries Payable1,000

Axle uses reversing entries. Prepare the reversing entry that would be prepared on January 1, 2017.
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Horngren's Accounting

Horngren's Accounting


Edition: 11th
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sumiksumik
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6 years ago
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HaydenH01 Author
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#2
6 years ago
Makes more sense now, have a good weekend!
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