Multiple Choice
At the end of 20D,Dallas Company made the following adjusting entry to record $10,000 accrued (unpaid) wages: A payroll of $40,000 (including the $10,000 accrued wages) was paid during the first week of January,20E.The entry to record the payment of this payroll should include a
A) $10,000 debit to wages expense and a $30,000 debit to wages payable.
B) $30,000 debit to wages expense and a $10,000 debit to wages payable.
C) $40,000 debit to wages expense and a $10,000 debit to wages payable.
D) $50,000 debit to wages expense and a $10,000 debit to wages payable.
Correct Answer:

Verified
Correct Answer:
Verified
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