Proctor Inc

question 22

Multiple Choice

Proctor Inc. has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Wednesday, Proctor would make an adjustment that would

• A) decrease cash $4,800.
• B) decrease wages payable $4,800.
• C) increase wages expense $4,800.
• D) increase wages payable $8,000.

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The practice of writing certain words in uppercase for emphasis, proper nouns, or other grammatical rules.

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