Practice Problem 2
A debit to Interest Expense and a credit to Interest Payable. b. A debit to Interest Expense and a credit to Cash. c. A debit to Interest Expense and a credit to Accounts Receivable. ... The payroll is $12,000 per week. If the end of the accounting period occurs on a Wednesday, the adjusting entry to record Salaries Payable would include a: a ... ................
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