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Cramlets™ and other presentations by Accounting in category 'accrued'
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000.00• Accrued expenses -- If you pay weekly salaries and the accounting period ends mid-week
you have accrued salary expenses that you haven't yet paid. You'll need an adjusting entry to reflect the as-yet unpaid salaries
but at least it balances!) 2. Adjusting entries – prepare and post accrued and deferred items to journals and ledger T-accounts
