Hahn CorpHas Three Employees

question 42

Multiple Choice

Hahn Corp.has three employees.Each earns $600 per week for a five-day workweek ending on Friday.This month the last day of the month falls on a Wednesday.The company should make an adjusting entry:

• A)Debiting Wage Expense for $1,080 and crediting Wages Payable for $1,080.
• B)Debiting Wage Expense for $360 and crediting Wages Payable for $360.
• C)Crediting Wage Expense for $1,080 and debiting Wages Payable for $1,080.
• D)Crediting Wage Expense for $360 and debiting Wages Payable for $360.

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Definitions:

Structural Component

An essential part of a structure or system that contributes to its stability and integrity.

Thermal Insulation

Material or methodology that reduces the transfer of heat between objects or environments, commonly used in building construction and clothing to retain warmth.

Energy Storage

The capture of energy produced at one time for use at a later time, employing a variety of technologies to store energy in forms such as chemical, gravitational, thermal, or kinetic.

Lipids

A broad group of naturally occurring molecules that include fats, oils, waxes, and certain vitamins, which are crucial for energy storage and cell structure.