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A Business Paid $725 for Employees' Wages at the End

Question 63

Multiple Choice

A business paid $725 for employees' wages at the end of the week.The debit and credit entries are:


A) Debit Cash $725;credit Equity $725
B) Debit Cash $725;credit Wages expense $725
C) Debit Equity $725;credit Wages expense $725
D) Debit Wages expense $725;credit Cash $725

Correct Answer:

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