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At the end of the year, there is $6,800 worth of employee wages that have been earned by the employees, but not yet paid. Record
At the end of the year, there is $6,800 worth of employee wages that have been earned by the employees, but not yet paid. Record the adjusting journal entry.
A. DEBIT: Wages Payable for $6,800; CREDIT: Wage Expense for $6,800
B. DEBIT: Cash for $6,800; CREDIT: Wage Expense for $6,800
C. DEBIT: Wage Expense for $6,800; CREDIT: Cash for $6,800
D. DEBIT: Wage Expense for $6,800; CREDIT: Wages Payable for $6,800
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