Marigold Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1610 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? O No adjusting entry is required. Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable 8050 4830 1610 8050 4830 1610

Marigold Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1610 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? O No adjusting entry is required. Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable 8050 4830 1610 8050 4830 1610

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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