menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 43: Fundamentals of Accounting: Objectives, Concepts, and Principles
  5. Question
    Outstanding Salaries Are Shown As
Solved

Outstanding Salaries Are Shown As

Question 12

Question 12

Multiple Choice

Outstanding Salaries are shown as:


A) An Expense
B) A Liability
C) An asset
D) none

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: Final accounts are prepared…….<br>A)At the end of

Q8: What type of expenditure is shown as

Q9: Accounting procedures and accounting practices should remain

Q10: The concept of conservatism ensures that the

Q11: The purpose of final accounts is to

Q13: What is the order in which the

Q14: Goods distributed as free samples is debited

Q15: Creditors for goods purchase come within the

Q16: The Accounting Standards Board was established in

Q17: The comparison of the results of one

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines