Wages Payable represents a/an ____________ for the company.

Name: Wages Payable represents a/an ____________ for the company.
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Question

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Wages Payable represents a liability for the company.
Key Takeaway: Accrued expenses are liabilities. They represent expenses that are recognized in the books before payment is made. Accrued expenses are generally periodic expenses that should be recognized during the accounting period in which they were incurred, such as wages and utilities.

Wages Payable Represents A/an ____________ for the Company