Wages Are $37,500 Per Week for a Five-Day Workweek, Ending

question 10

Multiple Choice

Wages are $37,500 per week for a five-day workweek, ending on Friday. The last payday of the year was Friday, June 26. Determine the balance in Salaries Expense on July 1 after reversing entries have been journalized and posted to the ledger.

• A) credit balance of $15,000
• B) debit balance of $37,500
• C) debit balance of $15,000
• D) credit balance of $7,500

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Definitions:

Reinforcement

A process in operant conditioning that increases the likelihood of a behavior being repeated, either through positive or negative means.

Law of Effect

A psychological principle stating that behaviors followed by satisfying consequences tend to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Tone

The quality or character of sound.

Shock

A sudden and often intense disturbance of the mind, emotions, or sensibility due to a traumatic event or unexpected news.