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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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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