Multiple Choice
Scorpion Company pays wages of $400 per day.The workweek begins on Monday and ends on Friday.Wages are paid weekly every Friday.The current month ends on a Wednesday.The adjusting entry for wages will _____.
A) increase expenses by $400
B) increase expenses by $1,200
C) increase expenses by $2,000
D) have no effect on expenses
Correct Answer:
Verified
Correct Answer:
Verified
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