Multiple Choice
The employees of Melvin Movers worked a full month in June but will not be paid for it until July 15th.The adjusting entry to record the wages payable at the end of June is an example of which of the following adjustments?
A) Prepaid expenses
B) Deferred expenses
C) Contra accounts
D) Accrued expenses
Correct Answer:
Verified
Correct Answer:
Verified
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