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Journalize the adjusting entries at December

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Problem - Adjusting and reversing entries - On the basis of the following data, (a) journalize the adjusting entries at December 31, the end of the current fiscal year.

1. Sales salaries are uniformly $21,000 for a five-day workweek, ending on Friday. The last payday of the year was Friday, December 26.

2. Accrued fees earned but not recorded at December 31, $33,750.

Reference no: EM132690795

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