The Entry to Record the Payment of $895 Salary to Employees

question 21

Multiple Choice

• A) Cash } & 895 & \\ \text { Salary Payable } & & 895 \\ \text {
• B) Dividends } & 895 & \\ \quad \text { Cash } & & 895 \\ \text {
• C) Salary Expense } & 895 & \\ \quad \text { Cash } & & 895 \\ \text {
• D) Salary Expense } & 895 & \\ \quad \text { Retained Earnings } & & 895\end{array} \)

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Definitions:

Federal Bankruptcy Investigation

A process conducted by a government agency to examine the circumstances and legitimacy of a bankruptcy filing, ensuring compliance with bankruptcy laws.

Document Destruction

The process of eliminating or disposing of documents to prevent confidential information from being leaked or used improperly.

Felony

A serious criminal offense that is punishable by a sentence of more than one year in prison or by death.

Misdemeanor

A crime that is less serious than a felony and is punishable by a fine and/or imprisonment for less than one year.