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e. Salary Expense: A company has a standard practice of paying a weekly salary on Friday. The weekly salary is $78,000. 1. Assumes 12/31
e. Salary Expense: A company has a standard practice of paying a weekly salary on Friday. The weekly salary is $78,000. 1. Assumes 12/31 falls on a Wednesday. $78,000/5 days = $ days = $ 2. Assumes 12/31 falls on a Thursday. $78,000/5 days days = $ days = $
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