Boise Co Pays Its Employees Twice a Month, on the 7th

question 146

Multiple Choice

Boise Co. pays its employees twice a month, on the 7th and the 21st. On June 21, Boise Co. paid employee salaries of $6,000. This transaction would

• A) increase owner's equity by $6,000.
• B) decrease the balance in Salaries and Wages Expense by $6,000.
• C) decrease net income for the month by $6,000.
• D) be recorded by a $6,000 debit to Salaries and Wages Payable and a $6,000 credit to Salaries and Wages Expense.

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Definitions:

External Attribution

The process of explaining someone's behavior by attributing it to situational factors outside the individual's control.

Poor Performance

A level of work productivity or quality that falls below the accepted standard or expectation.

Subordinate

An employee or a team member who is lower in rank or position and reports to someone higher in the organizational hierarchy.

Downward Dyadic

A relationship dynamic where communication or influence flows from a higher level to a lower level within an organizational hierarchy.