A Receptionist Worked One Month and Was Paid $3,800 on the Last

question 186

Multiple Choice

A receptionist worked one month and was paid $3,800 on the last day of the month.How does this transaction affect the accounting equation?

• A)Add $3,800 to Cash and add $3,800 to Accounts Payable.
• B)Add $3,800 to Accounts Receivable and subtract $3,800 from Cash.
• C)Add $3,800 to Salary Expense and subtract $3,800 from Retained Earnings.
• D)Subtract $3,800 from Cash and subtract $3,800 from Retained Earnings.

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