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Current Attempt in Progress A business pays weekly salaries of $28700 on Friday for a five-day week ending on that day. The adjusting entry necessary

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Current Attempt in Progress A business pays weekly salaries of $28700 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Wednesday is O debit Salaries and Wages Expense, $18220; credit Salaries and Wages Payable, $17220. O debit Salaries and Wages Expense, $17220;credit Cash, $17220. O debit Salaries and Wages Payable, $17220; credit Cash, $17220. O debit Salaries and Wages Expense, $11480: credit Salaries and Wages Payable, $11480

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