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Creek IncHas a Weekly Payroll of $8,000 for a 5-Day Workweek,Monday

Question 92

Multiple Choice

Creek Inc.has a weekly payroll of $8,000 for a 5-day workweek,Monday through Friday.If December 31,the last day of the accounting year,falls on Wednesday,Creek would make an adjusting entry that would


A) increase wages expense $4,800.
B) decrease wages payable $4,800.
C) decrease cash $4,800.
D) increase wages payable $8,000.

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