A Company Shows a Balance in Salaries and Wages Payable

question 59

Multiple Choice

A company shows a balance in Salaries and Wages Payable of $40,000 at the end of the month. The next payroll amounting to $60,000 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:

Two-Word Stage

A phase in early language acquisition where children communicate using two-word sentences.

Language Development

The process by which children acquire the ability to perceive, comprehend, and produce language, including both spoken and written forms.

Chomsky

An American linguist, philosopher, cognitive scientist, and historian who revolutionized the study of linguistics with his theory of generative grammar.

Thinking and Language

The cognitive processes involved in formulating ideas, solving problems, and the use of language to communicate thoughts.