Which of the Following Is the Appropriate Journal Entry If

question 29

Multiple Choice

Which of the following is the appropriate journal entry if a company hires a new employee?

• A)Debit to Cash,Credit to Revenue
• B)No entry should be made
• C)Debit to Wages Expense,Credit to Cash
• D)Debit to Cash,Credit to Wages Expense
• E)Debit to Wages Payable,Credit to Wages Expense

---

Definitions:

Product Liability

refers to the legal obligation of manufacturers, suppliers, or sellers to compensate for injuries or damages caused by defective or unsafe products.

Product Misuse

Using a product in a way not intended by the manufacturer, which can lead to damage or injury.

Product Liability

The area of law that holds manufacturers, distributors, suppliers, and retailers accountable for any injuries their products may cause.

Commonly Known Danger

A hazard or risk that is well-known to the average individual, implying that individuals have a responsibility to protect themselves.