Multiple Choice
Davis Corp.has three employees.Each earns $600 per week for a five-day workweek ending on Friday.This month the last day of the month falls on a Wednesday.The company should make which of the following adjusting entries?
A) Credit Wages Expense for $360 and debit Wages Payable for $360
B) Debit Wages Expense for $1,800 and credit Wages Payable for $1,800
C) Credit Wages Expense for $1,800 and debit Wages Payable for $1,800
D) Debit Wages Expense for $360 and credit Wages Payable for $360
Correct Answer:
Verified
Correct Answer:
Verified
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