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Prepare record amount of expense for december weld-rite

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Reference no: EM132483752

Question 1: Assume December 31 is a Monday. Weld-Rite Company's wages are paid every Friday, and the weekly payroll (for five days) amounts to $12,000. To record the correct amount of expense for December Weld-Rite makes the following entry on December 31.

Reference no: EM132483752

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