At December 31, the ABC Company owes an employee for four days of work that will not be paid until January 5th. The weekly rate of pay for a five-day workweek is $1,000.The adjusting entry to record the accrued wages will include a:
A) debit to Salaries Payable for $1,000.
B) debit to Salaries Expense for $1,000.
C) debit to Salaries Payable for $800.
D) debit to Salaries Expense for $800.
Correct Answer:
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