Proctor Inc. has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Wednesday, Proctor would make an adjusting entry that would
a. increase wages expense $4,800.
b. decrease wages payable $4,800.
c. decrease cash $4,800.
d. increase wages payable $8,000.
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