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exercises 3-3 Aeeumulated Depreciation .442.. 38,217 6. Salaries Expense 13,280 Salaries Payable .. 13,280 Pablo Management has five part-time employees, each of whom earns $250
exercises 3-3
Aeeumulated Depreciation .442.. 38,217 6. Salaries Expense 13,280 Salaries Payable .. 13,280 Pablo Management has five part-time employees, each of whom earns $250 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. Assume that December 28 2017, was a Friday, and that they were paid in full on that day. The next week, the five employees worked only four days because New Year's Day was an unpaid holiday a. Assuming that December 31, 2017, was a Monday, prepare the adjusting entry for wages expense that would be recorded at the close of that day. b. Assuming that January 4, 2018, was a Friday, prepare the journal entry that would be made to record payment of the employees' wages for that week rough d. Determine the missing amounts in each of these four separate situations a th 201Step by Step Solution
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