A Company Shows a Balance in Salaries and Wages Payable

question 41

Short Answer

A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month.The next payroll amounting to $75,000 is to be paid in the following month.What will be the journal entry to record the payment of salaries?

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Definitions:

Conditioned Responses

Reactions that are learned through conditioning, where an individual associates a specific stimulus with a particular response.

Skinner Box

An experimental apparatus designed by B.F. Skinner for studying animal behavior through operant conditioning.

Reinforcer

Any stimulus that strengthens or increases the likelihood of a specific response or behavior by being presented immediately after that response or behavior.

Respondent Behavior

behavior that occurs as a direct response to a specific stimulus, often without conscious decision, in classical conditioning.