Answered

The adjusting journal entry to record wages that have accrued (accumulated) at the end of
the accounting period but have not yet been paid will result in
O a.
an increase in a liability account.
O b. an increase in an asset account.
○ C.
a decrease in an asset account.
O d. a decrease in a liability account.



Answer :

GinnyAnswer

Final answer:

Recording accrued wages results in an increase in a liability account.


Explanation:

The adjusting journal entry to record wages that have accrued but not yet been paid will result in:

  1. an increase in a liability account. When wages accrue, it means employees have worked but haven't been paid yet, leading to a liability for the company.

For example, if a company accrues $1,000 in wages, it would debit Wages Expense and credit Wages Payable to reflect the increase in the liability.


Learn more about accrued wages and journal entries here:

https://brainly.com/question/42583444


Other Questions