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Calculate Salaries Payable.
On December 31, 2010, the balance of salaries payable is 1,527 (Cr) and the balance of Salaries expense is 1,007 (Dr) on Adjusted Trial Balance.
If the company paid $17,500 in salaries in 2010, what was the balance in Salaries Payable on December 31, 2009 ? |
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