If ($ 3,000) has been earned by a company's workers since the last payday in an accounting
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If \(\$ 3,000\) has been earned by a company's workers since the last payday in an accounting period, the necessary adjusting entry would be:
a. Debit an expense and credit a liability.
b. Debit an expense and credit an asset
c. Debit a liability and credit an asset
d. Debit a liability and credit an expense.
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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