The adjusting entry to accrued wages credits
Select one:
a) Wages payable
b) Wage expense
c) None of the above
Solution: | |||
Adjusting Entry for accrued wages is posted as below | |||
Account Title and explanation | Debit | Credit | |
Wages Expenses | XXXX | ||
Wages Payable | XXXX | ||
Answer = | |||
As per the above journal entry adjusting entry to accrued wages credites is wages payable | |||
Option A = Wages Payable | |||
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