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Prospect Realty Co. pays weekly salaries of $18,030 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at
Prospect Realty Co. pays weekly salaries of $18,030 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. Refer to the Chart of Accounts for exac wording of account titles. Round your answer to the nearest dollar.
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