Alpha Company pays employees the Monday the week after they work. Employees earned $28,000 during the last week of December…
- Alpha Company pays employees the Monday the week after they work. Employees earned $28,000 during the last week of December and will be paid the following week which is the first week of January. Alpha Company has a December 31 year end. What adjusting entry, if any, should be made as of December 31.
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