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Pablo Management has ten part-time employees, each of whom earns $175 per day. They are normally paid on Fridays for work completed Monday through Friday
Pablo Management has ten part-time employees, each of whom earns $175 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28, 2017. The next week, the ten employees worked only four days because New Year's Day was an unpaid holiday. Prepare the adjusting entry that would be recorded on Monday, December 31, 2017 and Friday, January 4, 2018. View transaction list Journal entry worksheet 1 2 > Record adjusting Accounts payable Accounts receivable Accumulated depreciation Note: Enter debits bef Cash Date Debit Credit December 31, 2017 Accounts payable Accounts receivable
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