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true or false A company ` s employees are paid every Friday. December 3 1 is year - end and falls on a Wednesday. The

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A company`s employees are paid every Friday. December 31 is year-end and falls on a Wednesday. The three days (Monday, Tuesday, Wednesday) that the employees have worked up until year-end do not have to be reflected as an expense on the December 31 financial statements since they are not paid until Friday, January 2.

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