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3-7 Cullumber Company's weekly payroll, paid on Fridays, totals $10, 790. Employees work a 5-day week. Prepare Cullumber's adjusting entry on Wednesday, December 31, and

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Cullumber Company's weekly payroll, paid on Fridays, totals $10, 790. Employees work a 5-day week. Prepare Cullumber's adjusting entry on Wednesday, December 31, and the journal entry to record the $10, 790 cash payment on Friday, January 2

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