Question: 4 ) DCM discovered 1 2 / 2 8 / 2 4 1 2 / 3 1 / 2 4 wages of $ 4 ,

4) DCM discovered 12/28/2412/31/24 wages of $4,000 were not recorded until paid on 1/1/25. The company recorded the following journal entry on 1/1/25: DR Compensation Expense $4,000 CR Cash $4,000 Provide the journal entry to correct the error assuming the 12/31/24 accounting records are closed. Note that the effective date of the journal entry would be 12/31/24. As such, ignore any errors related to the 2025 journal entry recorded.

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