Powers Company Accrued Unpaid Wages of $3,000 on January 31

question 78

Multiple Choice

Powers Company accrued unpaid wages of $3,000 on January 31.These wages will be included in paychecks totaling $4,000 on February 2.The reversing entry will include a(n) ________.

• A)credit to Cash for $3,000
• B)debit to Wages Payable for $4,000
• C)debit to Wages Expense for $4,000
• D)credit to Wages Expense for $3,000

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Definitions:

Other Specified

A phrase used in diagnostic classification to indicate conditions that don't meet the full criteria for a specific disorder but still cause significant distress or impairment.

Unspecified Disorders

Disorders that do not fit into the existing categories within diagnostic criteria, often used when the specific details are unclear.

Compensatory Behaviour

Actions taken to make up for or to conceal behaviors, thoughts, or feelings that are considered undesirable.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors such as purging to prevent weight gain.