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Scorpion Company Pays Wages of $400 Per Day

Question 105

Multiple Choice

Scorpion Company pays wages of $400 per day. The work week begins on Monday and ends on Friday. Wages are paid weekly every Friday. The current month ends on a Thursday. The adjusting entry for wages will:


A) increase expenses by $2,000
B) have no effect on expenses
C) increase expenses by $400
D) increase expenses by $1,600

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