For the month of December, Jenny Companys employees had worked and earned wages of $540,000....
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Accounting
For the month of December, Jenny Companys employees had worked and earned wages of $540,000. Jenny will pay her employees $400,000 on December 24th and the remaining $140,000 will be paid on January 7th. What amount will Jenny Company report as wages payable on their balance sheet on December 31? Note. Enter numbers only-- do not use a dollar sign ($) or comma.
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