Accountants refer to the wages earned by employees but not paid to them at the end of an accounting period as:
A) accrued wages.
B) deposited wages.
C) carrying wages.
D) booked wages.
E) deductible wages.

Question

Quizplus · Accepted Answer

Accrued wages are wages that are earned by employees but not yet paid to them at the end of an accounting period. These wages are typically recorded as a liability on the balance sheet and are eventually paid out to employees in a later period.

Accountants Refer to the Wages Earned by Employees but Not