Windy Harbor Boat Company pays its employees on a weekly basis each Friday. During the week ended… 2 answers below »
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Windy Harbor Boat Company pays its employees on a weekly basis each Friday. During the week ended Friday, January 3, Year 2, the company had a weekly payroll of $ 125,750. Assuming that the company is on a calendar basis, has a five- day workweek, and that daily wages are always the same, what adjusting journal entry ( if any) would be made on December 31, Year 1?
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