Employees of Ajax Renovations Work Monday Through Friday and Are $$\begin{array} { | c | l | } \hline \text { Dr. Wages Expense } & 1,200 \\\hline \text { Cr. Wages Payable } & 1,200 \\\hline\end{array}$$

question 159

Multiple Choice

Employees of Ajax Renovations work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $1,200 and the last payday was Friday December 28. What is the required adjusting journal entry, if any, on December 31?

• A) \[\begin{array} { | c | l | }
• \hline \text { Dr. Wages Expense } & 1,200 \\
• \hline \text { Cr. Wages Payable } & 1,200 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | l | }
• \hline \text { Dr. Wages Expense } & 2,400 \\
• \hline \text { Cr. Wages Payable } & 2,400 \\
• \hline
• \end{array}\]
• C)No entry is required
• D) \[\begin{array} { | c | l | }
• \hline \text { Dr. Wages Expense } & 3,600 \\
• \hline \text { Cr. Wages Payable } & 3,600 \\
• \hline
• \end{array}\]

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