Multiple Choice
Butters Company pays wages of $400 per day.The work week begins on Monday and ends on Friday.Wages are paid weekly on Friday.The current month ends on a Wednesday.The adjusting entry at the end of the month will ________.
A) increase liabilities by $400
B) increase liabilities by $800
C) increase liabilities by $1,200
D) increase liabilities by $2,000
Correct Answer:
Verified
Correct Answer:
Verified
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