Adjusting entries for accrued salaries Obj. 2 Paradise Realty Co. pays weekly salaries of $25,500 on Friday

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Adjusting entries for accrued salaries Obj. 2 Paradise Realty Co. pays weekly salaries of $25,500 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 Monday and

(b) on Thursday.

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