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Expenses Sometimes Make Their Contribution to Revenue in a Different

Question 74

Multiple Choice

Expenses sometimes make their contribution to revenue in a different period than when they are paid. When salaries and wages are incurred in one period and paid in the next period this often leads to which account appearing on the balance sheet at the end of the time period?


A) Due from Employees.
B) Due to Employer.
C) Salaries and Wages Payable.
D) Salaries and Wages Expense.

Correct Answer:

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