How do accrued, but not paid, wages appear on the balance sheet?
A)As assets
B)As equity
C)As expenses
D)As liabilities

Name: 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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Question

Quizplus · Accepted Answer

Accrued, but not paid, wages are considered liabilities on the balance sheet because they represent an obligation the company owes to its employees for work performed but not yet paid.

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