ABE3-7 correct.

The bookkeeper for Oglesby Company asks you to prepare the following accrued adjusting entries at December 31.

1. Interest on notes payable of $454 is accrued. 2. Services provided but not recorded total $1,317. 3. Salaries earned by employees of $894 have not been recorded.

Date 1. Dec. 31

Account / Description Interest Expense Interest Payable

Debit $ 454

Credit

$ 454 $ 1317 $ 1317 $ 894 $ 894

2.

Dec. 31

Accounts Receivable Service Revenue

3.

Dec. 31

Salaries Expense Salaries Payable

Question Attempts: 3 of 3 used

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