Utilize the Knowledge You Have Gained to Respond to the Following

question 11

Essay

Utilize the knowledge you have gained to respond to the following essay questions.Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
Describe the two types of commonly recognized sexual harassment.

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Definitions:

Sick Pay Payable

A liability account that represents the amount of sick pay owed to employees but has not yet been paid.

Notes Payable

Liabilities representing amounts borrowed by a company that must be repaid, often with interest, as evidenced by a promissory note.

Notes Payable

A financial obligation represented by a written promise to pay a certain amount on a specific future date or dates, typically encompassing loans or credit extended by one party to another.

Contra Account

An account that is used to offset another account on the balance sheet, such as accumulated depreciation for fixed assets.