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

Question

Quizplus · Accepted Answer

Accrued, but not paid, wages represent unpaid salaries or wages earned by the employees. Since these salaries or wages are owed to the employees but have not been paid yet, they represent a liability for the company, thus they should appear on the balance sheet as a liability.

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