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Jennyg22
Feb 16, 2011, 12:25 PM
You pay your employees every other week. The pay periods are evenly split between two weeks. What is the adjusting entry that would be used when the wages accrue for the first week of the two week pay period?

pready
Feb 16, 2011, 04:08 PM
Debit Wages Expense for the amount of wages earned
Credit Wages Payable for the amount