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Business, 28.01.2022 16:10 leo4687

Plum Painting Services has a weekly payroll of $30,000. December 31 falls on Wednesday and Plum will pay its employees the following Monday (January 5) for the previous full week. Assume that Plum has a five-day workweek and has an unadjusted balance in Salaries Expense of $740,000 at December 31. Required:
What amount should be debited to Salaries Expense on December 31?

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Plum Painting Services has a weekly payroll of $30,000. December 31 falls on Wednesday and Plum will...
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