The payroll summary for EVB Inc.for the period August 3 - 10 is as follows: These wages were paid on August 15.
The entry to record the payment of earnings to the employees would include:
A)A debit to payroll for $105,000.
B)A credit to wages payable for $80,600.
C)A debit to wages payable for $80,600.
D)A credit to cash of $105,000.

Question

The payroll summary for EVB Inc.for the period August 3 - 10 is as follows:  ​ These wages were paid on August 15.
The entry to record the payment of earnings to the employees would include:
A)A debit to payroll for $105,000. 
B)A credit to wages payable for $80,600. 
C)A debit to wages payable for $80,600. 
D)A credit to cash of $105,000.

Quizplus · Accepted Answer

The Answer of The payroll summary for EVB Inc.for the period August 3 - 10 is as follows:  ​ These wages were paid on August 15.
The entry to record the payment of earnings to the employees would include:
A)A debit to payroll for $105,000. 
B)A credit to wages payable for $80,600. 
C)A debit to wages payable for $80,600. 
D)A credit to cash of $105,000.

The Payroll Summary for EVB Inc