Dresser companyrsquos weekly payroll paid on fridays totals


Dresser Company’s weekly payroll, paid on Fridays, totals $8,080. Employees work a 5-day week. Prepare Dresser’s adjusting entry on Wednesday, December 31, and the journal entry to record the $8,080 cash payment on Friday, January 2.

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Financial Accounting: Dresser companyrsquos weekly payroll paid on fridays totals
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