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Bergan Corp.has gross pay for March of $50,000.The journal entry in the payroll cycle to record salary expense would include a debit to Salaries and Wages Payable for $50,000.
Legal Systems
Comprehensive frameworks of laws, regulations, institutions, and procedures that guide the administration of justice in a country or region.
States
Politically defined regions or territories that make up a country, each with its own government and administrative powers within the context of a federal system.
Multilateral Free Trade Agreement
An agreement between three or more countries to reduce trade barriers and tariffs to encourage trade and economic cooperation among them.
Tariffs
Taxes imposed on imported goods, typically to protect domestic industries or to raise government revenue.
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