Expenses That Have Been Incurred (Such as Wages)but Have Yet

question 115

Multiple Choice

Expenses that have been incurred (such as wages) but have yet to be paid are reported on the balance sheet as

• A)accruals.
• B)accounts receivable.
• C)accounts payable.
• D)notes payable.

---

Definitions:

Morphemes

The smallest units of language that carry meaning, which can be words themselves or parts of words, such as prefixes or suffixes.

Phonemes

The basic units of sound in a language that distinguish one word from another, for example, the difference between the p in "pat" and the b in "bat".

Phonemes

The smallest units of sound in a language that can distinguish between meanings of words.

Morphemes

The smallest units of language that carry meaning or function, such as roots, prefixes, and suffixes.