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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.
Given this information, determine the adjusting journal entry that Natalie's Bakery must make on December 31.
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