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Journalize the necessary adjusting entry at end of period

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Reference no: EM132678655

Problem - Garcia Realty Co. pays weekly salaries of $17,250 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday (b) on Thursday.

Reference no: EM132678655

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