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
ADebit to wage expense for ` 64,000
BDebit to wage expense for ` 51,000
CCredit to wage expense for ` 64,000
DDebit to wage expense for ` 13,000
Correct answer
D. Debit to wage expense for ` 13,000
Explanation
Debit to wage expense for ` 13,000 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.