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QUESTION
Dram Inc. pays payroll weekly based on a five-day pay period(Monday-Friday). Dram's year ends on a Wednesday and payroll of $10,000 is paid the...
Dram Inc. pays payroll weekly based on a five-day pay period(Monday-Friday). Dram's year ends on a Wednesday and payroll of $10,000 is paid the Friday following. What is the entry to accrual payroll at year end?
