Candy Cane's Ice Cream Shop,which Opened in June,is a Local

question 113

Multiple Choice

Candy Cane's ice cream shop,which opened in June,is a local hit.In July,Candy Cane hired a new employee at a rate of $1,200 per month to start work at the beginning of August.In July,Candy Cane should record:

• A)nothing,because an exchange of promises is not a transaction.
• B)a $1,200 increase to Prepaid Wages and a $1,200 decrease to Cash.
• C)a $1,200 increase to Wage Expense and a $1,200 decrease to Cash.
• D)a $1,200 increase in Wages Payable and a $1,200 increase in Wages Expense.

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Definitions:

Civic Engagement

The involvement of individuals in activities and roles within their community to improve conditions for others or to help shape the community's future.

Nonprofit Organization

Organizations that operate for purposes other than making profit, such as for social, charitable, or community goals.

Volunteers

Individuals who freely offer their time and services to support a cause or assist an organization without receiving financial compensation.

Grassroots Lobbying

Efforts to influence legislation by mobilizing the general public or specific groups at the local level to advocate for certain policies or actions.