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Required: 1. & 2. Complete the required journal entries to record payroll on December 31,...

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Accounting

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Required: 1. & 2. Complete the required journal entries to record payroll on December 31, collection of rent on December 10 and the adjusting journal entry on December 31. TIP: Notice that the entry recorded on December 10 includes 10 days of rental space (out of 30) that isn't provided until after December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list X: :X 1 Record the wages expense, including payroll deductions. 1 2 Record the payroll tax expense. 3 Record the collection of 30 days rent in advance amounting to $4,200. 4 Record the adjusting entry relating to rent. it Credit ,000

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