aployees paid biweekly seven days the end of the pay period. In cember 2022, employees were paid the 9th and 23rd. Because ABC mpany operates on accrual basis counting, which of the following lects the entries required to capture oss wages accurately in the month of cember 2022? One entry debiting Cash and crediting Wage Expense and Payroll Liabilities and one entry debiting Wage Expense and crediting Payroll Liabilities for 31 days of wages Two entries debiting Payroll Liabilities and crediting Wage Expense and one entry debiting Wage Expense and crediting Cash for 8 days of wages Four entries debiting Wage Expense and crediting Payroll Liabilities Two entries debiting Wage Expense and crediting Cash, one entry debiting Wage Expense and crediting Payroll Liabilities for 15 days of wages, and one entry debiting Payroll Liabilities and crediting

ABC Company Inc. has 10 non-exempt employees paid biweekly seven days after the end of the pay period. In December 2022, employees were paid on the 9th and 23rd. Because ABC Company operates on accrual basis accounting, which of the following reflects the entries required to capture gross wages accurately in the month of December 2022? One entry debiting Cash and crediting Wage Expense and Payroll Liabilities and one entry debiting Wage Expense and crediting Payroll Liabilities for 31 days of wages Two entries debiting Payroll Liabilities and crediting Wage Expense and one entry debiting Wage Expense and crediting Cash for 8 days of wages Four entries debiting Wage Expense and crediting Payroll Liabilities Two entries debiting Wage Expense and crediting Cash, one entry debiting Wage Expense and crediting Payroll Liabilities for 15 days of wages, and one entry debiting Payroll Liabilities and crediting Wage Expense for 12 days of wages