On 12/31/12, the Alpine Company accrues two day's wages of $400 ($200 per day). Proper...
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Accounting
On 12/31/12, the Alpine Company accrues two day's wages of $400 ($200 per day). Proper closing journal entries are recorded. On 1/1/13, Alpine makes the reversing entry. Alpine pays the weekly payroll of $1,000 on 1/3/13. The 1/1/13 reversing journal entry included a:
Select one:
a.
Debit to Wage Payable for $1,000
b.
Debit to Wage Expense for $400
c.
Debit to Wages Payable for $600
d.
Debit to Wages Payable for $400
e.
Debit to Wages Expense for $600
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