If Salaries Expense Was $38,000, and There Was a Decrease

question 75

Multiple Choice

If Salaries Expense was $38,000, and there was a decrease in Salaries Payable of $15,000, what would be the cash amount paid for Salaries?

• A) $53,000
• B) $23,000
• C) $15,000
• D) $38,000

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Harmony

A state of agreement or concord in relationships or musical notes producing a pleasing effect.

Stability

Refers to the state of being steady and not prone to change, often indicating reliability or consistency in various contexts.

Justice

The ethical principle of fairness and the moral rightness based on ethics, rationality, law, natural law, religion, equity, or fairness.