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Hahn Corp. has three employees. Each earns $600 per week for a five-day workweek ending on Friday. This month the last day of the month
Hahn Corp. has three employees. Each earns $600 per week for a five-day workweek ending on Friday. This month the last day of the month falls on a Wednesday. The company should make an adjusting entry: (Multiple Choice)
A. Crediting Wage Expense for $360 and debiting Wages Payable for $360. | ||
B. Debiting Wage Expense for $360 and crediting Wages Payable for $360. | ||
C. Crediting Wage Expense for $1,080 and debiting Wages Payable for $1,080. | ||
D. Debiting Wage Expense for $1,080 and crediting Wages Payable for $1,080. |
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