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book Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Edition 26ISBN: 978-1285743615
book Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Edition 26ISBN: 978-1285743615
Exercise 33
Adjusting entries for accrued salaries
Ocular Realty Co. pays weekly salaries of $16,600 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 and (b) on Thursday.
Explanation
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Adjusting entry:
•         Adjusting en...

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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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