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Make the adjusting journal entry on december

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Reference no: EM132643272

At December 31, the unadjusted trial balance of H & R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $10,000. Employees have been paid for work done up to December 27, but the $1,100 they have earned for December 28-31 has not yet been paid or recorded.

Required:

Question 1: Make the adjusting journal entry on December 31.

Question 2: Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance.

Reference no: EM132643272

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