Tryst Inc Has a Policy of Accruing $1,500 for Every Employee

question 142

Multiple Choice

Tryst Inc. has a policy of accruing $1,500 for every employee as a vacation benefit. Sarah, an employee, took a vacation. Which of the following is the correct journal entry for the vacation benefit paid?

• A) \[\begin{array} { | c | r | r | }
• \hline \text { Vacation Benefit Payable } & 1,250 & \\
• \hline \text { Vacation Benefit Expense } & & 1,250 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | r | r | }
• \hline \text { Vacation Benefit Expense } & 1,500 & \\
• \hline \text { Cash } & & 1,500 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | r | r | }
• \hline \text { Vacation Benefit Payable } & 1,500 & \\
• \hline \text { Cash } & & 1,500 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | r | }
• \hline \text { Vacation Benefit Expense } & 1,250 & \\
• \hline \text { Vacation Benefit Payable } & & 1,250 \\
• \hline
• \end{array}\]

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Definitions:

Systematic Manipulation

A methodical approach to influencing or controlling variables in a study or experiment to observe effects on subjects or outcomes.

Experiment Conditions

Specific parameters or variables that are manipulated or controlled in a scientific experiment to investigate their effects on the outcome.

Conduct Disorder

Syndrome marked by chronic disregard for the rights of others, including specific behaviors such as stealing, lying, and engaging in acts of violence.

Antisocial Personality Disorder

A mental health condition where a person consistently shows no regard for right and wrong and ignores the rights and feelings of others.