Solved

A Business Paid $1255 for Employees' Wages at the End

Question 51

Multiple Choice

A business paid $1255 for employees' wages at the end of the week.The debit and credit entries are:


A) debit cash $1255; credit equity $1255.
B) debit wages expense $1255; credit cash $1255.
C) debit wages expense $1255; credit wages payable $1255.
D) debit equity $1255; credit wages expense $1255.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions