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Page 6-43         Adjusting Entries:       Employer holds back one week pay.            

    Period Ending 31-Mar     Pay date 7-Apr     Hourly Rate  $    23.00     OT Rate 1.50     Hours worked 48             Calculate               Regular pay     Overtime pay     Gross Pay               Complete adjusting entry to accrue wages:           DR  Salary  $         -     CR  Salary Payable    $             -  

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