Q. 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 (Solved)
1. Credit to wage expense for ` 64,000
2. Debit to wage expense for ` 64,000
3. Debit to wage expense for ` 51,000
4. Debit to wage expense for ` 13,000
- d. Debit to wage expense for ` 13,000