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Journalize the transaction to be expected on the next salary

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On December 25, 2019, Akita International Corporation paid employee salary, $4,000. At the year end, the AIC recognized unpaid salary $1,200 for 6 days (December 26-31, 2019) as accrued.

Problem 1: Journalize an adjusting entry (entries) necessary at the date of the year end.

Problem 2: Journalize the transaction to be expected on the next salary payment date (January25, 2020). Assume that the same amount of salary will be paid.

Reference no: EM132771683

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