Executive,Inc

question 81

Multiple Choice

Executive,Inc.has a weekly payroll of $10,000 for a five-day workweek,Monday through Friday.If December 31,the last day of the accounting year,falls on Thursday,Executive would make an adjusting entry that would

• A)increase wages expense by $8,000.
• B)decrease wages payable by $2,000.
• C)decrease cash by $8,000.
• D)increase wages payable by $2,000.

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Definitions:

Intermittent Explosive Disorder

A behavioral disorder characterized by extreme expressions of anger, often to the point of uncontrollable rage, disproportionate to the situation at hand.

Age of Onset

The age at which symptoms of a disease or disorder first appear or when an individual is first diagnosed.

Early Childhood

A critical period in human development spanning from birth to 8 years, characterized by rapid physical, cognitive, social, and emotional growth.

Adolescence

A developmental stage between childhood and adulthood characterized by physical, psychological, and social changes.