Employees working for ManU during Year 2 earn 340 for services rendered in Year ...

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Accounting

Employees working for ManU during Year 2 earn 340 for services rendered in Year
2. The Year 2 ending balance in the Compensation Payable account is 40.(You
need to infer the amount paid to employees given there was a beginning balance in
Compensation Payable of 30, employees earned 340 during Year 2 and the Year 2
ending balance in Compensation Payable is 40.)

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