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NASCAR Mufflers Pays Employees Each Friday for the Five Day

Question 110

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NASCAR Mufflers pays employees each Friday for the five day work-week ending on that day. The company's normal gross weekly payroll is $3,600. If the last Friday of the month falls on January 25, what is the effect of the adjustment which should be made on January 31, the fiscal year end?

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Friday is January 25 and the...

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