Which of the Following Entries Would Be Recorded by a Company

question 92

Multiple Choice

Which of the following entries would be recorded by a company that uses the cash basis method of accounting?

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 1,000 & \\
• \hline \text { Accounts Receivable } & & 1,000 \\
• \hline
• \end{array}\]
• B) \(\begin{array}{|l|r|c|}
• \hline \text { Salaries Expense } & 1,000 & \\
• \hline \text { Salaries Payable } & & 1,000 \\
• \hline
• \end{array}\)
• C) \(\begin{array}{|l|r|c|}
• \hline \text { Prepaid Rent } & 1,000 & \\
• \hline \text { Cash } & & 1,000 \\
• \hline
• \end{array}\)
• D) \[\begin{array} { | l | r | r | }
• \hline \text { Rent Expense } & 1,000 & \\
• \hline \text { Cash } & & 1,000 \\
• \hline
• \end{array}\]

---

Definitions:

Title VII Liability

Liability under Title VII of the Civil Rights Act of 1964, which prohibits employment discrimination based on race, color, religion, sex, or national origin.

Fetal Protection

Measures or policies implemented to safeguard the health and wellbeing of a fetus, often in the context of workplace safety or medical treatment.

Mitochondria

Organelles within eukaryotic cells that produce energy through cellular respiration, often referred to as the powerhouse of the cell.

Electrolytes

Substances that dissolve in water to form a solution that conducts electricity, often important in bodily functions.