The Following Adjusting Journal Entry Found in the Journal Is

question 90

Multiple Choice

The following adjusting journal entry found in the journal is missing an explanation. Select the best explanation for the entry. $$\begin{array} { | c | c | c | } \hline \text { Wages Expense } & 4,500 & \\\hline \text { Wages Payable } & & 4,500 \\\hline ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? & & \\\hline\end{array}$$

• A) Record payment of wages.
• B) Record wages paid last month.
• C) Record wages paid in advance.
• D) Record wages expense incurred and to be paid next month.

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Definitions:

Morally Right

Acting in accordance with ethical principles and recognized standards of good behavior.

Morally Wrong

Actions or decisions that are considered unethical or evil based on moral principles or societal norms.

Ethical Imperatives

Moral obligations or commands that are viewed as universally true and guiding principles of behavior.

Comparative Reasoning

The process of using what is more familiar to make interpretations, explanations, or inferences about what is less familiar.