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Truffle Candies Paid Employee Wages on and Through Friday January  Salaries and Wages 1,800 Salaries and Wages Payable. 1,800\begin{array}{lll} \text { Salaries and Wages } & 1,800 \\ \text { Salaries and Wages Payable. } &&1,800 \\\end{array}

question 119

Short Answer

Truffle 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 $1800 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? a.  Salaries and Wages 1,800 Salaries and Wages Payable. 1,800\begin{array}{lll} \text { Salaries and Wages } & 1,800 \\ \text { Salaries and Wages Payable. } &&1,800 \\\end{array}

b.  Salaries and Wages Expense. 9,000 Salaries and Wages Payable 9,000\begin{array}{lll} \text { Salaries and Wages Expense. } & 9,000 \\ \text { Salaries and Wages Payable } &&9,000 \\\end{array}

c.  Salaries and Wages Expense. 5,400 Salaries and Wages Payable 5,400\begin{array}{lll}\text { Salaries and Wages Expense. } & 5,400 \\\text { Salaries and Wages Payable }&&5,400 \\\end{array}

d. No adiusting entry is required \begin{array}{lll}\text {No adiusting entry is required }\end{array}


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Legitimate Authority

The rightful or morally justified power held by an entity or individual, which is recognized and followed by others.

Unconscious Desire

Wishes or wants that influence behavior without becoming part of conscious awareness.

Ethical Concerns

Considerations related to determining what is right or wrong in a moral sense, often applied in professional and personal decision-making.

Psychological Study

The scientific research and analysis of human behavior, emotions, and mental processes.

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