Ash Realty Co. pays weekly salaries of $20,625 on Friday for a five-day workweek ending on that day.

Ash Realty Co. pays weekly salaries of $20,625 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 Wednesday (b) On Thursday.View Solution:
Ash Realty Co pays weekly salaries of 20 625 on Friday

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