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In 2019, the CFOs salary and wage expense for Tankard, Inc. was $1,700,000. This was included in the administrative expense for Tankard. However, this expense
In 2019, the CFOs salary and wage expense for Tankard, Inc. was $1,700,000. This was included in the administrative expense for Tankard. However, this expense did not include his bonus. The correct expense including the bonus would be $1,900,000. Prepare any journal entries relevant to the year 2020 for Tankard.
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