A Receptionist Worked One Month and Was Paid $2,000 at the End

question 112

Multiple Choice

A receptionist worked one month and was paid $2,000 at the end of the month.In transaction analysis,how does this transaction affect the accounting equation?

• A)Add $2,000 to Cash account and add $2,000 to Accounts Payable account.
• B)Add $2,000 to Accounts Receivable account and subtract $2,000 from Cash account.
• C)Add $2,000 to Salary Expense and subtract $2,000 from Retained Earnings account.
• D)Subtract $2,000 from Cash account and subtract $2,000 from Retained Earnings account.

---

Definitions:

Extreme

A term describing situations, conditions, or characteristics that are farthest removed from the average or the norm, often implying a high degree of intensity or severity.

Recurring Mood Swings

The experience of significant fluctuations in one's mood state, often seen in various psychological conditions, that can impact daily functioning.

Major Depressive Disorder

A mental disorder characterized by persistent sadness and lack of interest or pleasure in activities, causing significant impairment in daily life.

Interests Lost

A condition often related to depression or burnout, where an individual experiences a significant reduction in finding pleasure or motivation in previously enjoyable activities.