A Company Issued a Check for $7,900 in Payment of the Salaries

question 118

Multiple Choice

A company issued a check for $7,900 in payment of the salaries expense for the last half of the month. Identify the journal the transaction would be recorded in.

• A) Cash disbursements journal.
• B) Sales journal.
• C) Cash receipts journal.
• D) Purchases journal.
• E) General journal.

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Definitions:

In-house Surveys

Research or feedback collection conducted internally by an organization to gain insights into employee satisfaction, customer opinions, or operational effectiveness.

Advantages

The favorable or beneficial aspects or features of something, often compared to its competition or alternatives.

Disadvantages

The negative or less favorable aspects or conditions of a situation, decision, or option compared to others.

Compensation Surveys

Research tools used to collect and analyze competitive salary data to establish fair and competitive compensation practices.