Employees of Ralphs Llama Farm work Monday through Friday and are paid every Friday for work done

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Employees of Ralph’s Llama Farm work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $13,900, and the last payday was Friday, December 28. What is the required adjusting journal entry, if any, on Monday, December 31?

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Horngrens Accounting Volume 1

ISBN: 9780136889373

12th Canadian Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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