1. 1. There was a payroll of $68,100 paid on 3 January; this covered the period of 30 December to 3 January.

Write the adjusting entry for this. I know that the debit is to wages expense and the credit is to accrued wages payable, however the 68,100 value is incorrect to input for the debit and credit. What is the calculation I must do in this scenario?

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To calculate the adjusting entry for the payroll of 68100 paid on 3 January that covered the period ... View the full answer