A $800 Payment for Rent Expense Was Incorrectly Journalized and Posted

question 19

Multiple Choice

A $800 payment for Rent Expense was incorrectly journalized and posted as a debit to Wages Expense for $800 and a credit to Cash for $800. The correcting entry, using the one-step method, would include a

• A) debit to Cash for $800.
• B) credit to Rent Expense for $800.
• C) credit to Wages Expense for $800.
• D) credit to Cash for $800.

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Definitions:

Previous Employment

refers to an individual's work history before joining their current employer, including past job roles, companies worked for, and durations of employment.

Distortions and Inaccuracies

Misrepresentations or errors in information or data, leading to misleading conclusions or perceptions.

In-basket Exercises

A type of assessment tool used in employee selection processes, simulating real-life challenges that the candidate might face on the job.

Leaderless Group Discussion

A group assessment technique used in the selection process where candidates are observed on their interaction, participation, and leadership in an unstructured discussion without a designated leader.