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What would be the adjusting entry necessary

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Question - Purple Line Company pays wages on Friday of each week, for the pay period ending that Friday. The pay covers 5 workdays. This week, we will pay out $30,000 on Friday, and our team works evenly each day. If the month ends on Monday of the current week, what would be the adjusting entry necessary at the end of the period?

Reference no: EM133108433

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