Employees Earn $5,000 Per Day, Work Five Days Per Week

question 116

Multiple Choice

Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday.If the previous payday was January 26 and the accounting period ends on January 31, what amount is the ending balance in the wages payable account?

• A)$ 9,000
• B)$10,000
• C)$15,000
• D)$25,000

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Definitions:

Livestock

Domesticated animals raised in an agricultural setting to produce commodities such as meat, milk, and wool.

Predators

Organisms that hunt and kill other organisms for food.

Psychologists

Professionals who study mental processes and behavior, often helping individuals deal with emotional and mental disorders.

Secondary Reinforcers

Stimuli that have no inherent value but have acquired reinforcing qualities through their association with primary reinforcers.