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Fighting Irish Incorporated pays its employees $5,460 every two weeks ($390/day). The current two-week pay period ends on December 28, 2021, and employees are
Fighting Irish Incorporated pays its employees $5,460 every two weeks ($390/day). The current two-week pay period ends on December 28, 2021, and employees are paid $5,460. The next two-week pay period ends on January 11, 2022, and employees are paid $5,460. Required: Calculate the 2021 year end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in 2021 is $0) Complete this question by entering your answers in the tabs below. Required Calculate the 2021 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in 2021 is $0). Ending balance Required next >
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