Assume December 31 is a Wednesday. Wages are paid every Friday, and the weekly payroll (for five days) amounts to $3,000. To record the correct amount of expense for December, the firm makes the following adjustment on December 31:

	BALANCE SHEET						INCOME STATEMENT
	ASSETS	=	LIABILITIES	+	STOCKHOLDER'S EQUITY		REVENUE	-	EXPENSE
			Wages Payable						Wages Expense
A)			-3,000		+3,000				-3,000
B)			-1,800		+1,800				-1,800
C)			+1,200		-1,200				+1,200
D)			+1,800		-1,800				+1,800
E)	None of the above