Wages outstanding given in the trial balance will be treated as a (an):

Question

A) Asset

B) Liability

C) Revenue

D) Deferred expense

Shahbaz Hayder · Answer

Option B is the right answer.

Wasim khan wazir · Answer

wages outstanding means wages due but not paid it should be recognized as liability in Statement of financial position. Option B

Tranquilino Jr Rivera · Answer

Answer is B. All wages due which are not yet paid are to be reported as a liability.

Bilal Bilal Ashraf · Answer

These will be treated as Liability

Muhammad Ramzan Tufail ACCA · Answer

B) Liability///////////////////////////////