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An employee earns $1 000 a week and the following deductions are made: income tax $150, superannuation $90 and union dues $20. The journal entry
An employee earns $1 000 a week and the following deductions are made: income tax $150, superannuation $90 and union dues $20. The journal entry to record this transaction would include:
a. CR Wages payable $1 000
b. DR Wages expense $1 000
c. DR Wages expense $740
d. Cr Cash $1,000
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