On march 1, complete computer service paid cash of $700 for salaries expense for the current month.

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CHAPTER TWO DSM1.Which of the following statements is correct?

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2.Which of the following accounts is part of equity?

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3.On March 1, Complete Computer Service paid cash of $700 for salaries expense for thecurrent month.The journal entry to record this transaction would be:

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4.On January 2, Complete Computer Service prepays one year of insurance of $2,400.

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Tags

Balance Sheet, Generally Accepted Accounting Principles, Complete Computer Service