Ace Electronics Paid $8,000 of the $10,000 Its Employees Had

Multiple Choice

Ace Electronics paid $8,000 of the $10,000 its employees had earned during the period.Ace Electronics should report Salaries and Wages Expense of ________ on the income statement,Salaries and Wages Payable of ________ on the balance sheet,and a reduction in Cash of ________.

A) $0;$10,000;$0
B) $8,000;$2,000;$0
C) $2,000;$2,000;$0
D) $10,000;$2,000;$8,000