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What account increases and what account decreases as a result of the following transaction in October 2019: Paid wages owed to employees for work done
What account increases and what account decreases as a result of the following transaction in October 2019: Paid wages owed to employees for work done in September 2019"?
a. | Wages payable account increases & cash account decreases | |
b. | Wages payable account decreases & cash account decreases | |
c. | Wages expense account decreases & Retained earnings account decreases | |
d. | Wages expense account increases & wages payable account increases | |
e. | Wages expense account increases & cash account decreases |
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