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3. XYZ company has an employee who works 5 days a week from Sunday to Thursday. The employee earns $50 a day. He was paid

3. XYZ company has an employee who works 5 days a week from Sunday to Thursday. The employee earns $50 a day. He was paid on Thursday 28 th December for his work in the previous perjod. Record the adjusting entry on 31 st December

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