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Dodie Company completed its first year of operations on December 31. All of the year's entries have been recorded except for the following: At year-end,
Dodie Company completed its first year of operations on December 31. All of the year's entries have been recorded except for the following:
- At year-end, employees earned wages of $4,000, which will be paid on the next payroll date in January of next year.
- At year-end, the company had earned interest revenue of $1,500. The cash will be collected March 1 of the next year.
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