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Prepare adjusting entries for the following transaction: Star Company has four workers, the company pays each of them $520 per day for a five-day

Prepare adjusting entries for the following transaction: Star Company has four workers, the company pays each of them $520 per day for a five-day workweek that ends on Friday. The employees were paid on Friday, December 26, and have worked full days on Monday, Tuesday, and Wednesday, December 29, 30, and 31.

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