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Question 10 (1 point) Bluing Company paid wages owed to their employees on Friday, January 26 (that payment included work performed by the employees on
Question 10 (1 point) Bluing Company paid wages owed to their employees on Friday, January 26 (that payment included work performed by the employees on Jan 26). The next payday will be paid in February. However, when Bluing, prepares financial statements on Wed Jan 31, there are three working days from January (29th to the 31st) for which employees have not yet been paid, and will not be paid until the February payday. Employees earn $6,000 per a five-day workweek. What adjusting entry will be made on Jan 31 to accrue wages expense? Dr Salaries and Wages Expense $1,200, Cr Salaries and Wages Payable $1,200 Dr Salaries and Wages Expense $6,000, Cr Salaries and Wages Payable $6,000 Dr Salaries and Wages Expense $3,600, Cr Salaries and Wages Payable $3,600 No adjusting entry is required
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