Hourly employees at Chandler Industries have worked 1,200 hours for the week at an average pay rate of $16.25 per hour.Which of the following is the required adjusting entry required?
A) Debit Salaries and Wages Expense and credit Cash for $19,500
B) Debit Salaries and Wages Expense and credit Salaries and Wages Payable for $19,500
C) Debit Salaries and Wages Payable and credit Salaries and Wages Expense for $19,500
D) Debit Salaries and Wages Payable and credit Cash for $19,500
Correct Answer:
Verified
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