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Talbert Consulting paid employee wages on and through Friday, December 27 th, and the next...

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Accounting

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Talbert Consulting paid employee wages on and through Friday, December 27 th, and the next pay period will be paid in January. There are two more working days in December (30th and 31st) and the company incurs $1,500 a day in wages. What will be the adjusting entry to accrue wages expense at the end of December? debit Salaries and Wages Expense, \$1,500; credit Salaries and Wages Payable, $1,5001,500 debit Salaries and Wages Expense, \$3,000; credit Salaries and Wages Payable, $3,000 debit Salaries and Wages Expense, $7,500; credit Cash, $7,500 No adjusting entry is required until the next pay date

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