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Adjusting Entries for Accrued Salanes Paradise Realty Co. pays weekly salaries of $22,500 on Friday for a five-day workweek ending on that day a. Journalize
Adjusting Entries for Accrued Salanes Paradise Realty Co. pays weekly salaries of $22,500 on Friday for a five-day workweek ending on that day a. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Tuesday. Salaries Expense Salaries Payable 5,625 X 4,500 X Feedback Check My Work Determine the salaries per day based on a five-day work week. Then, multiply that amount by the number of day you need to accrue the wages for b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Wednesday. Salaries Expense Salanes Payable
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