Frellies Gym Has a Credit Balance of $31,485

question 59

Multiple Choice

Frellies Gym has a credit balance of $31,485.27 in its Wages and Salaries Payable General Ledger account as of August 16.If the pay date is August 16,what transaction should appear in the Wages and Salaries Payable General Ledger account on that date?

• A)Debit $31,485.27
• B)Credit $31,485.27
• C)Debit $62,970.54
• D)Credit $62,970.54

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Definitions:

Imaginary Audience

A cognitive bias commonly found in adolescents, where they believe their behavior is the focus of others' attention more than it actually is.

Analytic Thought

A cognitive process that involves breaking down complex information or problems into smaller, more manageable parts to understand and solve them.

Intuitive Thought

A cognitive process that involves knowing or understanding something without the involvement of rational or logical thinking.

Egocentrism

A cognitive trait where an individual has difficulty understanding or assuming any perspective other than their own.