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ABC Company has four employees. Each employee earns $480 per week for a five day work week ending on Friday. This month, the last
ABC Company has four employees. Each employee earns $480 per week for a five day work week ending on Friday. This month, the last day of the month falls on Wednesday. At the end of the month, the company should make an adjusting entry by: Select one: a.Debiting Wage Expense for $1,152 and crediting Wages Payable for $1,152 b.Crediting Wage Expense for $288 and crediting Wages Payable for $288 c.Crediting Wage Expense for $288 and debiting Wages Payable for $288 d.Debiting Wage Expense for $96 and crediting Wages Payable for $96
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