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Employees of Rasheed's Llama Farm work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $ 1

Employees of Rasheed's Llama Farm work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $16,000, and the last payday was Friday, December 25. What is the required adjusting journal entry, if any, on Thursday, December31?

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