Multiple Choice
The current liability for Wages Payable (or Accrued Payroll) represents the:
A) gross pay earned by employees for which they have not yet been paid.
B) net pay earned by employees for which they have not yet been paid.
C) employer's federal and state payroll tax obligation.
D) employer's liability for various withholdings that taken out of the gross pay earned by employees.
Correct Answer:

Verified
Correct Answer:
Verified
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