What type of an account is Wages and Salaries Payable?

A) Asset
B) Liability
C) Revenue
D) Expense

Answer: B

Business

You might also like to view...

The MRT states that the relationship between supervisor and employee is enhanced when a good reward exchange occurs between them

Indicate whether the statement is true or false

Business

The Canyon Water Company collects data on the number of gallons of water consumed during a month for each customer. The production manager has divided the usage into 6 classes

To display these data effectively, she could use which of the following types of graphs to convey information about the water usage?A) A stem and leaf diagram B) A bar chart C) A histogram D) Either a histogram or a pie chart

Business