Expenses Sometimes Make Their Contribution to Revenue in a Different

question 74

Multiple Choice

Expenses sometimes make their contribution to revenue in a different period than when they are paid. When salaries and wages are incurred in one period and paid in the next period this often leads to which account appearing on the balance sheet at the end of the time period?

• A) Due from Employees.
• B) Due to Employer.
• C) Salaries and Wages Payable.
• D) Salaries and Wages Expense.

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Definitions:

Hindbrain

The posterior part of the brain that includes the cerebellum, pons, and medulla oblongata, responsible for regulating basic life functions like breathing and heart rate.

Thalamus

A brain structure acting as a relay station for sensory and motor signals to the cerebral cortex, excluding the sense of smell.

Relay Information

The process of transmitting information or messages from one person, device, or group to another.

Coordinate Muscle

The process of different muscles working together to perform movements smoothly and accurately.