Question: 17. How do you increase an expense account (debit or credit)? Debit Make a journal entry for the accrual of $20,000 of wages at year-end.

17. How do you increase an expense account (debit or credit)? Debit Make a journal entry for the accrual of $20,000 of wages at year-end. What is the net effect on the income statement and the balance sheet

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