During a Recent Week, Incurred Wages Were $800

question 64

Multiple Choice

During a recent week, incurred wages were $800. However, $480 of the wages had not been paid. Assume no other adjusting entries have been done this fiscal year. The adjusting entry for wages would be:

• A)debit Wages Payable, $480; credit Wages Expense, $480.
• B)debit Wages Expense, $480; credit Wages Payable, $480.
• C)debit Wages Payable, $320; credit Wages Expense, $320.
• D)debit Wages Expense, $320; credit Wages Payable, $320.

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Definitions:

Synaptic Vesicles

Small organelles within neurons that store and release neurotransmitters at the synapse.

Neurotransmitters

Chemicals released by neurons to transmit signals across a synaptic gap to a target cell.

Presynaptic Terminals

The ends of axons where neurotransmitters are stored before being released into the synaptic cleft in response to a nerve impulse.

Pseudo-unipolar

Referring to a type of neuron that has a single process that divides into two branches, functioning as both an axon and a dendrite.