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The Correct Entry for the Payment of Net Wages Is

Question 26

Multiple Choice

The correct entry for the payment of net wages is:


A) DR Gross pay; CR Net pay.
B) DR Bank; CR Wages and salaries payable.
C) DR Wages and salaries payable; CR Bank.
D) DR Wages and salaries; CR Provision for wages and salaries.

Correct Answer:

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