Kline Company Accrued Wages of $7,350 That Were Earned by Employees

question 132

Multiple Choice

Kline Company accrued wages of $7,350 that were earned by employees unpaid at the year-end. Assuming Kline uses reversing entries, which of the following entries correctly reverses the accrued wages at the beginning of the following year?

• A) Debit Wages Expense $7,350; credit Cash $7,350.
• B) Debit Wages Payable $7,350; credit Wages Expense $7,350.
• C) Debit Wages Expense $7,350; credit Wages Payable $7,350.
• D) Debit Wages Payable $7,350; credit Cash $7,350.
• E) Debit Cash $7,350; credit Wages Expense $7,350.

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Definitions:

Personality Development

The gradual evolution of an individual's personality characteristics and traits over time, influenced by genetic, environmental, and social factors.

Subception

A psychological concept where an individual responds to stimuli below the level of conscious awareness, influencing feelings or behaviors.

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Psychological strategies deployed by the ego to manage stress, conflict, and internal or external demands threatening the psyche.

Consciousness

The state of being aware of and able to think about one's surroundings, actions, and thoughts.