Expenses Sometimes Make Their Contribution to Revenue in a Different

question 180

Multiple Choice

Expenses sometimes make their contribution to revenue in a different period than when the expense is paid. When 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) Wages Payable
• D) Wages Expense

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Definitions:

Repression

A defense mechanism where unpleasant thoughts, memories, or feelings are unconsciously excluded from consciousness.

Unpleasant Memory

A recollection of past events or experiences that evoke negative emotions, such as sadness, fear, or trauma.

Consciousness

The state of being aware of and able to think about oneself, the environment, and one's thoughts and feelings; the subjective experience of awareness.

Suppressing

The act of consciously or unconsciously inhibiting or restraining an impulse, desire, or the expression of a thought or feeling.