(L02,3) Dresser Companys weekly payroll, paid on Fridays, totals $8,000. Employees work a 5-day week. Prepare Dressers...
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(L02,3) Dresser Company’s weekly payroll, paid on Fridays, totals $8,000. Employees work a 5-day week. Prepare Dresser’s adjusting entry on Wednesday, December 31, and the journal entry to record the $8,000 cash payment on Friday, January 2.
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