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01. Salaried employees are paid on the 1 st Monday of every month. The pay period runs from Monday Friday, and the employees do not

01. Salaried employees are paid on the 1^st Monday of every month. The pay period runs from Monday Friday, and the employees do not work weekends. The payroll amount on Monday March 5, 2022 totalled $40,200

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Adjusting entry (clearly explain why)

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