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Merando Industries employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $28080. If September 30 ends on a Wednesday, what
Merando Industries employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $28080. If September 30 ends on a Wednesday, what is the appropriate adjustment at fiscal year-end? Increase Salaries and Wages Expense $16848 Decrease Cash $16848 Increase Salaries and Wages Expense $28080 Increase Salaries and Wages Payable $28080 O Increase Salaries and Wages Expense $5616 Increase Salaries and Wages Payable $5616 Increase Salaries and Wages Expense $16848 Increase Salaries and Wages Payable $16848
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