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1. On December 28, Lorraine, Inc. hired a temporary worker from an employment agency to work four days until December 31. Total cost for the

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1. On December 28, Lorraine, Inc. hired a temporary worker from an employment agency to work four days until December 31. Total cost for the worker was $600. The bill from the employment agency will not be received or paid until January 7. The adjusting journal entry needed on December 31 to accrue wages expense is: A) Debit Wages Expense $600: credit Wages Payable $600. B) Debit Prepaid Wages $150; credit Accounts Payable $150. C) Debit Accounts Payable $600; credit Cash $600. D) No journal entry is required until January 7. 2. The Goodman Law Firm pays weekly salaries of $20,000 on Friday for a five-day work week ending on Friday. The adjusting journal entry necessary at the end of the accounting period ending on Wednesday is a. debit Salaries Payable, $20,000; credit Cash, $20,000 b. debit Salaries Expense, $10,000; credit Prepaid Salaries, $10,000 c. debit Salaries Expense, $12,000; credit Salaries Payable, $12,000 d. debit Salaries Expense, $20,000; credit Cash, $20,000

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