The expected value of a binomial distribution is expressed as np, where n equals the number of trials and p equals the probability of success of any individual trial

An adjusting entry that credits Salaries Payable is an example of a(n) ________

A) accrued expense B) deferred revenue C) accrued revenue D) deferred expense

An expense that has been incurred but not yet paid is called a(n) ________

A) accrued revenue B) deferred expense C) deferred revenue D) accrued expense