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Wages are paid fortnightly on Monday for the fortnight just worked (up to and including the Friday). The next wages payment will be made on
Wages are paid fortnightly on Monday for the fortnight just worked (up to and including the Friday). The next wages payment will be made on 5th April and it will be based on the same daily rate as on the 22nd March. Susan only works Monday to Friday. Calculate the adjusting entry to accrue for wages payable at the end of March. Hint: work out daily rate * number of days to the end of March
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Introductory Financial Accounting For Business
Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds
2nd Edition
1260575306, 978-1260575309
