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Accrued Wages Natalie's Bakery pays its 20 hourly employees every Friday. Each of Natalie's employees earns a wage of $10 per hour and works 35
Accrued Wages Natalie's Bakery pays its 20 hourly employees every Friday. Each of Natalie's employees earns a wage of $10 per hour and works 35 hours per week, spread evenly from Monday through Sunday. During the current year December 31 falls on a Tuesday. Required: Given this information, determine the adjusting journal entry that Natalie's Bakery must make on December 31. If an amount box does not require an entry, leave it blank. Dec. 31 Wages Expense 4,000 X Wages Payable (Record accrued wages expenses) 4,000 X
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