Accrual of wages and salaries LO2 Canberra Ltd has a weekly payroll of $125 000. The

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Accrual of wages and salaries  LO2 Canberra Ltd has a weekly payroll of $125 000. The last payroll processed before the end of the annual reporting period was for the week ended Friday 24 June. Employees do not work during weekends. Required Prepare a journal entry to accrue the weekly payroll as at 30 June.

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Financial Reporting

ISBN: 978-0730363361

2nd Edition

Authors: Janice Loftus ,Ken Leo ,Sorin Daniliuc ,Belinda Luke ,Hong Nee Ang ,Karyn Byrnes

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