Adjusting Entries for Accrued SalariesGarcia Realty Co. pays weekly salaries of $26,500 on Friday for a five-day workweek ending ending on that day. a. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Monday. b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Thursday.
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