The Adjusting Entry to Record the Salaries Earned Due to Employees

question 8

Multiple Choice

The adjusting entry to record the salaries earned due to employees for services provided but unpaid at the end of the accounting period affects the accounts in which of the following ways?

• A)Debit Salaries Payable and credit Salaries Expense.
• B)Debit Salaries Expense and credit Cash.
• C)Debit Accrued Salaries and credit Salaries Payable.
• D)Debit Cash and credit Salaries Expense.
• E)Debit Salaries Expense and credit Salaries Payable.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.