Which of the Following Accounts Should Be Credited in a Journal

question 30

Multiple Choice

Which of the following accounts should be credited in a journal entry?

• A) Dividends,when it has been decreased
• B) Accounts Receivable,when it has been increased
• C) Wages Expense,when it has been increased
• D) Wages Payable,when it has been decreased

---

Definitions:

Control

The power to influence or direct people's behavior or the course of events, often referring to a dominating command over something or someone.

Cash Dividends

Dividends paid in the form of cash to a company’s shareholders from its current or retained earnings.

Public Corporations

are companies whose shares are traded publicly on stock exchanges, allowing them to raise capital from public investors.

Earnings

The amount of profit that a company produces during a specific period, typically reported as net income.