Accrued wages are wages that
A)have been earned by employees but not paid.
B)have been paid.
C)have been neither earned by employees nor paid.
D)were earned by employees and have been paid.
E)have been paid but not earned by employees.

Question

Quizplus · Accepted Answer

Accrued wages are wages that have been earned by employees but not paid. This means that the employees have worked for a certain period of time and are entitled to receive payment, but they have not yet been paid. Accrued wages are a liability for the employer and will usually be recorded on the balance sheet.

Accrued Wages Are Wages That