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Star Enterprise operates from Monday to Friday and pays its employees biweekly. On February 23 employees are paid for the two weeks ending February 23,
Star Enterprise operates from Monday to Friday and pays its employees biweekly. On February 23 employees are paid for the two weeks ending February 23, while on March 9 they are paid for the two weeks ending March 9. Star Enterprise's salary and wages expense for the February 23 pay was $141,722.00. The accounting month-end for February is February 28 How much will Star Enterprise accrue for salaries and wages for the pay period ending March 9 in the February accounting period in order to accurately reflect the salaries and wages expense for February? (Note: The current year calendar provided in the course should be used)
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