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1b. Points Question 5 Baker pays its employees each Friday for the work that they performed that week. On June 30, Baker owes its employees
1b. Points Question 5 Baker pays its employees each Friday for the work that they performed that week. On June 30, Baker owes its employees $3.400 for 3 days of work the employees performed after the last Friday payday in June. This $3,400 will be paid to the employees in July The current balance in the Wages Payable account is 50. Select the adjusting entry Baker should make as of June 30, 2017 related to these 3 days of unpaid wages: Wages Payable 3.400 Wages Expense 3,400 Wages Expense 3.400 B Wages Payable 3,400 Wages Expense 3,400 Cash 3,400 D No adjusting entry is required None of the above
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