Protonix Corp has a payroll of $8,000 for a five-day workweek. Its employees are paid each Friday for the five-day workweek. The adjusting entry on December 31, 2015 assuming the year ends on Thursday would be:
Definitions:
Computer Desks
Furniture designed to accommodate desktop computers, peripherals, and related accessories, often including features like keyboard trays and cable management.
Brokers
Intermediaries who arrange or negotiate transactions between buyers and sellers for a commission or fee.
Agents
Individuals or entities that act on behalf of another person or organization in a particular business transaction or legal matter.
Title
Legal right to the ownership of property or assets, including the evidence of such ownership.
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