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A company pays each of its employees each friday at the rate of $100 per day for a five-day week that begins on Monday. If
A company pays each of its employees each friday at the rate of $100 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesdayand the employees worked on both Monday and Tuesday, the month end adjuating entry to record the salaries earned but unpaid is:
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