Erwin Press pays wages of $6,000 every Friday for a five-day workweek.June 30,the last day of the fiscal year,falls on a Tuesday.In the journal provided,prepare the June 30 adjusting entry as well as the July 3 follow-up entry when the wages are paid.Omit explanations.
Definitions:
Public Entertainment
Activities and events intended to amuse or interest the general public, often organized by governmental or community groups.
Dominant Strategy
In game theory, a strategy that is the best for a player to follow regardless of the strategies chosen by other players in the game.
Wealth
The accumulation of valuable financial assets or tangible possessions that can be used or exchanged to procure goods and services.
Contribute
To give or donate something, such as resources, ideas, or money, towards a common goal or project.
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