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.

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Definitions:

Job Content

The duties, responsibilities, and work activities associated with a specific job position.

Planning Duties

The responsibilities involved in defining goals, developing strategies, and outlining tasks and schedules to accomplish the goals.

Capability

The ability or qualities necessary to do something or achieve a particular result.

Telecommunication Linkages

Connections established through electronic systems or networks that facilitate the transfer of data and information over distances.