Power Electric Has Two Part-Time Employees; Each Employee Earns $200

question 14

Multiple Choice

Power Electric has two part-time employees; each employee earns $200 per day.They are normally paid on Fridays for work completed Monday through Friday of the same week.April 25,2014,was a Friday,and they were paid in full on that day.The employees worked on Monday,Tuesday,and Wednesday,April 28 through 30,2014,and the related adjusting entry was recorded on April 30,2014.The company paid the two employees for a full week of work on Friday,May 2,2014.How would the company record this transaction?

• A)Debit Salaries Expense for $1,000 and credit Cash for $1,000.
• B)Debit Salaries Expense for $400 and credit Cash for $400.
• C)Debit Salaries Expense for $400 and credit Salaries Payable for $400.
• D)Debit Salaries Expense for $600 and credit Salaries Payable for $600.
• E)Debit Salaries Expense for $400,credit Salaries Payable for $600,and credit Cash for $1,000.

---

Definitions:

Large States

States with significant populations or geographical areas, often having considerable influence in national politics and elections.

Proposing Amendments

The process by which changes or additions are made to the Constitution of the United States, typically requiring approval by both Congress and the states.

Ratifying Amendments

The process of formally approving changes or additions to a constitution, typically requiring a significant majority.

Antifederalists' Impact

The influence of Antifederalists in early American political thought, emphasizing the need for a Bill of Rights and advocating for a balance between federal and state powers.