How Do Accrued, but Not Paid, Wages Appear on the Balance

question 26

Multiple Choice

How do accrued, but not paid, wages appear on the balance sheet?

• A)As assets
• B)As equity
• C)As expenses
• D)As liabilities

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Definitions:

IT Engineer

A professional responsible for designing, implementing, and maintaining information technology systems and infrastructure.

Decider

An individual or group responsible for making the final decision in a purchasing process, determining which products or services to buy.

Buying Center

A group of individuals within an organization who are involved in the process of evaluating and deciding on purchase decisions.

User

An individual or entity that uses or operates a product, service, system, or application.