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It's Fun Playhouse has a weekly payroll of $ 7 , 5 0 0 . December 3 1 is on a Thursday. It's Fun Playhouse

It's Fun Playhouse has a weekly payroll of $7,500.
December 31 is on a Thursday. It's Fun Playhouse will pay its employees the following Monday, January 5 for the previous week.
It's Fun Playhouse has a 5-day workweek:
a. Record the adjusting entry for accrued salaries on December 31.
b. Record the journal entry for payment of salaries made on January 5.
\table[[Date,Description,Debit,Credit],[December 31,E,,],[(2),,],[January 5,I,,],[,,]]
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