Gross Wages of $5,000 Accrued but Not Paid to Employees

question 23

Multiple Choice

Gross wages of $5,000 accrued but not paid to employees at the end of 20B should be recorded by the employer in a journal entry that includes which of the following?

• A)A debit of $5,000 to Wages payable.
• B)A credit of $5,000 to Cash.
• C)A debit of $5,000 to Wages expense.
• D)A debit of $5,000 to Cash.

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Definitions:

Training

The process of teaching or learning a particular skill or behavior through practice and instruction.

Development

A process that involves growth, progress, or positive change, often in a personal, professional, or organizational context.

Cultural Sensitivity Training

Training designed to increase awareness and competence in interacting with people from diverse cultural backgrounds, to improve communications and reduce misunderstandings.

Strategic Training

Training initiatives aligned with an organization's long-term goals, aiming to improve overall business performance and competitive advantage.