LO 4.2 What two accounts are affected by the needed adjusting entries? supplies actual counts are lower than account balance employee salaries are due but not paid at year end insurance premiums that were paid in advance have expired
LO 4.2 What two accounts are affected by the needed adjusting entries? supplies actual counts are lower than account balance employee salaries are due but not paid at year end insurance premiums that were paid in advance have expired
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
LO 4.2 What two accounts are affected by the needed
- supplies actual counts are lower than account balance
- employee salaries are due but not paid at year end
- insurance premiums that were paid in advance have expired
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