A company has a seven day work week and pays wages every two weeks. Wages amount to $100 a day. On March 31, the company pays wages for the two weeks ending March 24. On March 31, the related adjusting journal entry will include a a. debit to Wages Payable for $700 and a credit to Cash for $700. C. b. debit to Wage Expense for $700 and a credit to Wages Payable for $700. SLOTS credit to Wages Payable for $700 and a debit to Cash for $700. dehit to Retained Earnings for $700 and a credit to Wages Payable for $700. d ito 06 21

A company has a seven day work week and pays wages every two weeks. Wages amount to $100 a day. On March 31 , the company pays wages for the two weeks ending March 24. On March 31, the related adjusting journal entry will include a a. debit to Wages Payable for $700 and a credit to Cash for $700. b. debit to Wage Expense for $700 and a credit to Wages Payable for $700. c. credit to Wages Payable for $700 and a debit to Cash for $700