The Payment of Net Wages Involves A

question 43

Multiple Choice

The payment of net wages involves a:

• A) debit to bank and a credit to wages and salaries payable.
• B) debit to wages and salaries payable and a credit to bank.
• C) debit to wages and salaries and a credit to provision for wages and salaries.
• D) debit to gross pay and a credit to net pay.

---

Definitions:

Coins

Metal pieces issued by a government as money, typically round in shape and used as a medium of exchange for goods and services.

Blue Ribbon

A symbol of high quality or achievement, often awarded in competitions.

Candy

Sweet confections made primarily from sugar or syrup, often combined with fruit, chocolate, nuts, or other flavorings.

Frequent-Flyer Miles

Reward points earned by travelers through airline loyalty programs, which can be redeemed for flight discounts, upgrades, or other benefits.