Harriet's Housecleaning reports Wages Expense of $34,800 as of December, 31, 20--. To close the Wages Expense account, the accountant would record a
a. debit to Capital.
b. credit to Income Summary.
c. debit to Wages Expense.
d. credit to Wages Expense.
d
You might also like to view...
Ease and cost of formation have little to do with the selection of the form under which a
business should operate. Indicate whether the statement is true or false
In CASE 16.2 Leegin Creative Leather Products, Inc v. PSKS, Inc (2007), the U.S. Supreme Court overturned precedent regarding __________, substituting the __________ treatment for the per se analysis
a. vertical market division, rule of reason b. minimum vertical price fixing, vertical market division c. resale price maintenance, rule of reason d. tying arrangements, rule of reason
Employers may not legally require that persons who apply for a given job have a high school diploma or pass an intelligence test unless such criteria are directly related to proper performance of the job
Indicate whether the statement is true or false
Which of the following is true about the regulation of pesticide use by EPA?
A) A pesticide may be legally registered if it will perform its intended function without posing unreasonable risk to humans or the environment. B) The EPA may balance the economic and social costs and benefits of use of a pesticide in deciding whether to register it. C) Both of these. D) Neither of these.