A Company Recorded 2 Days of Accrued Salaries of $1,400

question 59

Multiple Choice

A company recorded 2 days of accrued salaries of $1,400 for its employees on January 31. On February 9, it paid its employees $7,000 for these accrued salaries and for other salaries earned through February 9. Assuming reversing entries were not made, the January 31 and February 9 journal entries are:

---

Definitions:

Sexual Harassing

Unwanted and inappropriate actions, comments, or conduct of a sexual nature that creates a hostile or offensive work environment.

Social Plan

A strategy or program implemented by a company to mitigate the effects of restructuring, such as layoffs, on employees.

Labor-Management Practices

the strategies, policies, and behaviors adopted by employers (management) and employees (labor) in their interactions, negotiations, and collaborations.

Multinational Corporation

A company that operates in multiple countries, managing production or delivering services in various international locations.