FTYZ Transport Inc. was supposed to pay wages amounting to $1,500 in March, which was...
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Accounting
FTYZ Transport Inc. was supposed to pay wages amounting to $1,500 in March, which was the last month of its accounting period. However, Leeds Inc. failed to make the payment before the accounting period. What will be the adjusting journal entry passed by the accountant?
A. waages Account Debit Wages Payable Account Credit