How Does a Debit Balance in the Wages and Salaries

question 47

Multiple Choice

How does a debit balance in the wages and salaries expense account affect a firm's income statement?

• A)A debit balance will increase the expenses of the firm's income statement.This will increase the total expenses of the firm and decrease the net income of the firm.
• B)A debit balance will decrease the expenses of the firm's income statement.This will increase the total incomes of the firm and decrease the net income of the firm.
• C)A debit balance will increase the expenses of the firm's income statement.This will decrease the total expenses of the firm and increase the net income of the firm.
• D)A debit balance will increase the income of the firm's income statement.This will increase the total expenses of the firm and increase the net income of the firm.

---

Definitions:

Résumé

A document that summarizes an individual's work experience, education, skills, and accomplishments, typically used for job applications.

Good Résumé

A well-structured and detailed summary of one's professional qualifications, including educational background, work experience, skills, and achievements.

Right Impression

The act of presenting oneself in a manner that is perceived positively by others.

Confident

Feeling or showing certainty about something or someone, often oneself, and one’s abilities.