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Question 5, Part 1 of 3 Points: 0 of 1 Cedar Park Senior Center has a weekly payroll of $30,000. December 31 falls on Tuesday,

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Question 5, Part 1 of 3 Points: 0 of 1 Cedar Park Senior Center has a weekly payroll of $30,000. December 31 falls on Tuesday, and Cedar Park Senior Center will pay its employees the following Monday (January 6) for the previous full week. Assume Cedar Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $560,000 Read the requirements Requirement 1. Record the adjusting entry for accrued salaries on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Debit Date Credit Accounts and Explanation Dec. 31 0 enter will pay its employees ark Senior Center has a five-day workweek and has an unad) .. ce requirements . > Requirements 1. Record the adjusting entry for accrued salaries on December 31. 2. Post the adjusting entry to the accounts involved, and show their balances after adjustments. 3. Record the journal entry for payment of salaries made on January 6. Print Done

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