C3: Kite Company's weekly payroll, paid on Fridays, totals $10,000. Employees work a 5-day week....
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Accounting
C3:
Kite Company's weekly payroll, paid on Fridays, totals $10,000. Employees work a 5-day week. Kites fiscal year is the calendar year and December 31st happened to be a Thursday. Prepare Kite's journal entries on the dates listed in the table
Date
Account Titles
Debit Amount
Credit Amount
Dec 31st
Jan 1st
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