If the Last Wages Bill for the Year Is Paid

Multiple Choice

If the last wages bill for the year is paid on 28 June and $8 000 is owing at 30 June in unpaid wages, then:

A) the $8 000 would appear as accrued wages payable in the balance sheet but it would not be included in the expenses for the year.
B) the $8 000 would appear as accrued wages payable in the balance sheet and would be included in the expenses for the year.
C) the $8 000 would not be included in either the balance sheet or the profit and loss statement.
D) the $8 000 would appear as an expense in the profit and loss statement.