Assume That the City of Juneau Maintains Its Books and Records

question 34

Multiple Choice

Assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. The city pays its employees bi-weekly on Friday. The fiscal year ended on Wednesday, June 30. Employees had been paid on Friday, June 25. The employees paid from the general fund had earned $90,000 on Monday, Tuesday, and Wednesday (June 28, 29, and 30) . What entry, if any, should be made in the city's general fund on June 30?

• A) Debit Expenditures $90,000; credit Accrued wages and salary $90,000.
• B) Debit Expenses $90,000; credit Accrued wages and salary $90,000.
• C) Debit Expenditures $90,000; credit Encumbrances $90,000.
• D) Debit Expenses $90,000; credit Encumbrances $90,000.

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Definitions:

Calories

A unit of energy used to measure the amount of energy that food provides to the body.

Muscle Dysmorphia

A mental disorder marked by a distorted self-image, where an individual believes they are not muscular enough, often leading to excessive exercising and bodybuilding.

Binge Eating Disorder

A severe, life-threatening eating disorder characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort.

Bulimia Nervosa

A disorder involving cycles of overeating and subsequent purging to avoid gaining weight.