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Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on tuesday is
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Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on tuesday is

User Mukama
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salaries payable: (17,800/5)*2= 7,120 (credit) salaries expenses: 7,120 (debit)
User Indgar
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