Solution-How changes in prepaid expenses and accrued

How changes in prepaid expenses and accrued expenses payable

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Reference no: EM13546157

During the year, prepaid expenses decreased $6,600, and accrued expenses increased $2,400. Indicate how the changes in prepaid expenses and accrued expenses payable should be entered in the reconciling columns of a worksheet. Assume that beginning balances were:

Prepaid expenses $18,600 and Accrued expenses payable $8,200.

Reference no: EM13546157

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How changes in prepaid expenses and accrued expenses payable : During the year, prepaid expenses decreased $6,600, and accrued expenses increased $2,400. Indicate how the changes in prepaid expenses and accrued expenses payable should be entered in the reconciling columns of a worksheet.

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How changes in prepaid expenses and accrued expenses payable

Reference no: EM13546157

Reference no: EM13546157

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