Sun Smarts Solar Installs Solar Panels in Large Newly Constructed

Multiple Choice

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as ________ on Sun Smarts's balance sheet.

A) capital cash flows
B) current liabilities
C) retained earnings
D) long-term liabilities