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Adjustment for Wages On December 31, the trial balance shows wages expense of $600. An additional $200 of wages was earned by the employees, but
Adjustment for Wages On December 31, the trial balance shows wages expense of $600. An additional $200 of wages was earned by the employees, but has not yet been paid. Analyze this adjustment for wages using T accounts, and then formally enter this adjustment in the general journal. (Trial balance is abbreviated as TB.) (Income Statement) Wages Expense Adj. Bal. (Balance Sheet) Wages Payable Adj
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