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For the past 3 years, DK Ltd. has failed to accrue unpaid wages earned by workers during the last week of the year. The amounts omitted, which were considered material, were as follows: March 31,2010 – ` 56,000 March 31, 2011 – ` 51,000 March 31, 2012 – ` 64,000 The entry on March 31, 2012 to rectify these omissions would include a
Accountingmedium
ACredit to wage expense for ` 64,000
BDebit to wage expense for ` 64,000
CDebit to wage expense for ` 51,000
Debit to wage expense for ` 13,000
Correct Answer: D. Debit to wage expense for ` 13,000
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