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A company shows a balance in Salaries and Wages Payable of $39600 at the end of the month. The next payroll amounting to $48600 is
A company shows a balance in Salaries and Wages Payable of $39600 at the end of the month. The next payroll amounting to $48600 is to be paid in the following month. What will be the journal entry to record the payment of salaries
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