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:

Durability

The ability of a product or material to withstand wear, pressure, or damage, indicating its quality and longevity.

Equity

The principle of fairness or justice in the way people are treated within social, economic, and legal contexts.

Informal Rewards

Non-monetary or unofficial incentives given to employees, such as praise, recognition, or additional responsibilities, to motivate and encourage positive behaviour.

Desired Behavior

The specific actions or reactions that are sought after in a particular context, often the target of encouragement or training.