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Question 3 [8 points] There are 27 employees working for Allarco Inc. They are paid every second Monday for 10 workdays ending the preceding Friday.
Question 3 [8 points] There are 27 employees working for Allarco Inc. They are paid every second Monday for 10 workdays ending the preceding Friday. The total for all employee salaries is $27.000 Allarco Inc.'s employee's were last paid on Monday April 28, 2014, and will be paid again on Monday May 12, 2014 Fill in the journal below to reflect a. The accrued adjustment on April 30. b. The transaction on the May 12 payday Enter the transaction letter (a) or (b) as the description Dates must be entered in the format dd/mmm (ie. 15/Jan.). General Journal Date Account Explanation F Debit Credit 30/Apr Interest Receivable Page GJS + LL
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