How Does a Debit Balance in the Wages and Salaries

question 47

Multiple Choice

How does a debit balance in the wages and salaries expense account affect a firm's income statement?

• A)A debit balance will increase the expenses of the firm's income statement.This will increase the total expenses of the firm and decrease the net income of the firm.
• B)A debit balance will decrease the expenses of the firm's income statement.This will increase the total incomes of the firm and decrease the net income of the firm.
• C)A debit balance will increase the expenses of the firm's income statement.This will decrease the total expenses of the firm and increase the net income of the firm.
• D)A debit balance will increase the income of the firm's income statement.This will increase the total expenses of the firm and increase the net income of the firm.

---

Definitions:

Inference Forms

Specific patterns of reasoning that are used to derive conclusions from premises.

Conj

This term may refer to a conjunction in logic, which is a compound statement formed by connecting two statements with the word "and."

Simp

A slang term often used to describe someone who performs excessive sympathy or attention towards another person, often without reciprocation.

Inference Forms

Patterns or templates of reasoning that show the logical connection between premises and conclusion.