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Employees atBlue Spruce Corp.are paid $17400cash every Friday for working Monday through Friday. The calendar year accounting period ends on Wednesday, December 31. How much

Employees atBlue Spruce Corp.are paid $17400cash every Friday for working Monday through Friday. The calendar year accounting period ends on Wednesday, December 31. How much salaries and wages expense should be recorded two days later on January 2?

$17400

$10440

$6960

None, expense recognition requires the weekly salary to be accrued on December 31.

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