Ocular Realty Co. pays weekly salaries of $11,750 on Friday for a five-day workweek ending on that
Question:
Ocular Realty Co. pays weekly salaries of $11,750 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends
(a) On Wednesday
(b) On Thursday.
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Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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