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Adjustment for Accrued Expense ABC Realty Co. pays weekly salaries of $9,625 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary
Adjustment for Accrued Expense ABC Realty Co. pays weekly salaries of $9,625 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. Round your answers to nearest whole dollar.
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