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Mobo, a wireless phone carrier, completed its first year of operations on October 31. All of the year's enthes have been recorded, except for the
Mobo, a wireless phone carrier, completed its first year of operations on October 31. All of the year's enthes have been recorded, except for the following a. At year-end, employees earned wages of $7.800, which will be paid on the next payroll date, November 6. b. Al year-end, the company had eamed interest revenue of $4,800. It will be collected December 1. Required: Record the required adjusting journal entry for transactions (a) and (b) (if no entry is required for a transactionlevent, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet At year-end, employees earned wages of $7,800, which will be paid on the next payroll date, November 6. Record the adjusting entry. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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