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Problem - Adjusting Entries for Accrued Salaries

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Problem - Adjusting Entries for Accrued Salaries

Torrey Realty Co. pays weekly salaries of $9,375 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 Tuesday and (b) on Thursday.

Reference no: EM132679863

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