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Stromboli Co. pays wages to its workers every Friday, and the weekly payroll amounts to $5,000 ($1,000 per day). The company prepares monthly financial statements.

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Stromboli Co. pays wages to its workers every Friday, and the weekly payroll amounts to $5,000 ($1,000 per day). The company prepares monthly financial statements. November 30 falls on a Thursday this year . The Company makes all of the proper adjustements on November 30. The entry to record the payment of wages on Friday, December I will include: An increase its wages payable of $1,000 A decrease in wages payable of $1,000 A decreme in wages payable of $4,000 O An increase in wages expense of $4,000

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