Hernandez Company accrued wages of $350 on December 31. The company makes reversing entries. The proper entry on payday January 5, to record a $ 1,200 payroll includes: A a credit to Wage Expense of $1,200 B a credit to Wages Payable of $350 a credit to Wage Expense of $850. a credit to Wages Payable of $1,200 G E None of these

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06-06-2024
Business

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Hernandez Company accrued wages of $350 on December 31. The company makes reversing entries. The proper entry on payday January 5, to record a $ 1,200 payroll includes: A a credit to Wage Expense of $1,200 B a credit to Wages Payable of $350 a credit to Wage Expense of $850. a credit to Wages Payable of $1,200 G E None of these

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