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Assume that Willamette Manudacturings actual payroll for the ywar was $672,000. Calculate the total insurance premium owed and prepare a journal entry as of Dec

Assume that Willamette Manudacturings actual payroll for the ywar was $672,000. Calculate the total insurance premium owed and prepare a journal entry as of Dec 31, 20--, to recored the adjustment for hte underpayment. The actual payment of the additional premium will take place in january of the next year

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