Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

The adjusting journal entry to record wages that have accrued (accumulated) at the end of
the accounting period but have not yet been paid will result in
O a.
an increase in a liability account.
O b. an increase in an asset account.
○ C.
a decrease in an asset account.
O d. a decrease in a liability account.


Sagot :

Final answer:

Recording accrued wages results in an increase in a liability account.


Explanation:

The adjusting journal entry to record wages that have accrued but not yet been paid will result in:

  1. an increase in a liability account. When wages accrue, it means employees have worked but haven't been paid yet, leading to a liability for the company.

For example, if a company accrues $1,000 in wages, it would debit Wages Expense and credit Wages Payable to reflect the increase in the liability.


Learn more about accrued wages and journal entries here:

https://brainly.com/question/42583444