Stone Roses Candies Paid Employee Wages on and Through Friday $\quad$

question 21

Short Answer

Stone Roses Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1,500 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? a. Salaries and Wages Expense $\quad$$\quad$ 1,500
$\quad$ Salaries and Wages Payable $\quad$$\quad$ 1,500
b. Salaries and Wages Expense $\quad$$\quad$ 7,500
$\quad$ Salaries and Wages Payable $\quad$$\quad$ 7,500
c. Salaries and Wages Expense $\quad$$\quad$ 4,500
$\quad$ Salaries and Wages Payable $\quad$$\quad$ 4,500
d. No adjusting entry is required.

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Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, theorized to contribute to feelings of depression and anxiety.

Emotional Troubled

Experiencing difficulties and disturbances in one's emotional wellbeing, which may impact day-to-day functioning.

Social-Cognitive Perspective

A psychological framework that emphasizes the role of cognitive processes in understanding social behavior, highlighting how individuals interpret, analyze, and remember social experiences.

Inner Traits

Characteristics or qualities that originate within an individual, shaping their thoughts, behaviors, and emotions.