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Powers Company accrued unpaid wages of $3000 on January 31. These wages will be included in paychecks totaling $7000 on February 2. The reversing entry
Powers Company accrued unpaid wages of $3000 on January 31. These wages will be included in paychecks totaling $7000 on February 2. The reversing entry will include a(n):
Select one:
a. debit to Wages Expense for $7000
b. debit to Wages Payable for $7000
c. credit to Wages Expense for $3000
d. credit to Cash for $3000
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