Which of the Following Journal Entries Is Recorded Correctly and in the Standard

question 32

Multiple Choice

Which of the following journal entries is recorded correctly and in the standard format?

• A) Wages Expense..................... \(\quad \)1,500
• \(\quad \)Cash..................................... \(\quad \) \(\quad \)\(\quad \)2,000
• \(\quad \)Advertising Expense...............\(\quad \)500
• B) Wages Expense........................\(\quad \)1,500
• \(\quad \)Advertising Expense.....................\(\quad \)\(\quad \)500
• \(\quad \)\(\quad \)Cash.....................................\(\quad \)2,000
• C) Cash........................................\(\quad \)2,000
• \(\quad \)Wages Expense.........................\(\quad \)\(\quad \)\(\quad \)1,500
• \(\quad \)Advertising Expense...............\(\quad \)\(\quad \)\(\quad \)\(\quad \)500
• D) Wages Expense..........................\(\quad \)1,500
• \(\quad \)Advertising Expense.....................\(\quad \)500
• \(\quad \)\(\quad \)Cash...........................................\(\quad \)\(\quad \)\(\quad \)2,000

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Definitions:

International Move

The process of relocating to a different country for purposes such as employment, study, or personal reasons, which involves adapting to new cultures and regulatory environments.

Human Resource Management

The strategic approach to the effective management of people in an organization to help them gain a competitive advantage.

Perceptual Errors

Mistakes in the process of selecting, organizing, and interpreting sensory information, leading to inaccurate perceptions.

Practicing Managers

Individuals who actively engage in managing teams or organizations and apply managerial theories into practice.