Question

A company recorded 2 days of accrued salaries of $2,150 for its employees on January 31. On February 9, it paid its employees $8,500 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are:

Answer 1

The answer and procedures of the exercise are attached in the following archives.

Explanation

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