Recognizing That Salaries and Wages Payable (Resulting from Adjustments at the End

question 176

Multiple Choice

Recognizing that Salaries and Wages Payable (resulting from adjustments at the end of the period) will be paid in a future period,what will be the effect on the accounts when the salaries and wages are paid?

• A)Salaries and Wages Expense will increase and Cash will decrease.
• B)Salaries and Wages Payable will decrease and Cash will decrease.
• C)Salaries and Wages Expense will increase and Salaries and Wages Payable will decrease.
• D)Salaries and Wages Expense will decrease and Cash will decrease.

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Definitions:

Echoic Memory

A component of sensory memory that specifically stores auditory information, allowing sounds and words to be retained for a brief period after being heard.

Iconic Memory

A type of sensory memory that holds a brief visual impression of a scene after the stimulus has been removed.

Auditory Sensory Memory

The short-term storage of auditory information, allowing sounds to be retained briefly for processing after the sound has finished.

Visual Sensory Memory

The component of the sensory memory system which stores visual information for a very brief period.