Answered: Other administrative expense of $10,920…

Other administrative expense of $10,920 have accrued at December 31. (Hint: Use Accounts Payable for the accrued liability.) Accounts Payable-$194,879 What is the adjusting entry?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Pp.53. Subject :- Account