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Mini's Manufacturing has a weekly payroll of $150,000 for a five day work week. Mini prepares its financial statements on Tuesday of this week (December

Mini's Manufacturing has a weekly payroll of $150,000 for a five day work week. Mini prepares its financial statements on Tuesday of this week (December 31, 2012) and pays the employees on Friday.

1. Prepare the adjusting journal entry for payroll on Tuesday.

2. Prepare the journal entry for the payment of the payroll on Friday

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