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Debit Salaries Expense $400 and credit
Salaries Payable $400
Debit Salaries Expense $600 and credit
Salaries Payable $600
Debit Salaries Payable $400 and credit
Salaries Expense $400
Question 6. Question :
A company's Office Supplies
account shows a beginning balance of $600 and an ending
balance of $400. If office supplies expense for the year is
$3,100, what amount of office supplies was purchased during
the period?
Question 7. Question :
A company had no office supplies
available at the beginning of the year. During the year, the
company purchased $250 worth of office supplies. On
December 31, $75 worth of office supplies remained. How
much should the company report as office supplies expense for
the year?
Question 8. Question :
An account linked with another
account that has an opposite normal balance and that is
subtracted from the balance of the related account is a(n):
Question 9.
used:
Question :
The Income Summary account is