Question: What is the journal entry a company would make when it pays its employees on the last day of the month for work completed in
What is the journal entry a company would make when it pays its employees on the last day of the month for work completed in the prior 7 days?
Debit [ Select ] ["Prepaid Rent", "Cash", "Prepaid Insurance", "Fees Earned", "Rent expense", "Accounts Receivable", "Supplies", "Land", "Unearned Rent", "Dividends", "Wage Expense", "Water expense", "Prepaid Insurance", "Accounts Payable", "Equipment"] Credit [ Select ] ["Equipment", "Water expense", "Accounts Payable", "Prepaid Insurance", "Fees Earned", "Rent expense", "Dividends", "Land", "Prepaid Rent", "Stock", "Supplies", "Cash", "Accounts Receivable", "Unearned Rent", "Wage Expense"]
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