Answer
16. X
Work Step by Step
Salaries that the company budgets will be paid to employees within the next year and don’t need to be included since they will appear in the next accounting periods’ balance sheet.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 5 - Balance Sheet and Statement of Cash Flows - Exercises - Page 282: E5-3(16)
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