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A company closes its accounts on day 8 of a ten-day payroll period on 31 Dec. The two-week payroll is normally $60,000. It will be
A company closes its accounts on day 8 of a ten-day payroll period on 31 Dec. The two-week payroll is normally $60,000. It will be next paid on 3 January. Make the journal entries for 31 Dec and 3 January.
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