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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
On December 31, 2016, Axle Services, Inc. prepared the following accrual adjustment:

Salaries Expense   1,000   
       Salaries Payable      1,000

Axle uses reversing entries. Prepare the reversing entry that would be prepared on January 1, 2017.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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