Accrued Wages} Natalie's Bakery pays its 20 hourly employees every Friday. Each of Natalie's employees earns a

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Accrued Wages}

Natalie's Bakery pays its 20 hourly employees every Friday. Each of Natalie's employees earns a wage of \(\$ 10\) per hour and works 35 hours per week, spread evenly from Monday through Sunday. During the current year December 31 falls on a Tuesday.

\section*{Required:}

Given this information, determine the adjusting journal entry that Natalie's Bakery must make on December 31 .

\section*{Brief Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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