ACCOUNT

JAMB 2023 - Question 17

Account 2023 JAMB Past Questions - Question 17: Salaries in arrears is treated in the balance sheet as a

Salaries in arrears is treated in the balance sheet as a
A:
B:
C:
D:
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Correct Answer

B

Explanation

Salaries in arrears is an unpaid salary with amount due from the past. It is treated as current liabilities in the balance sheet.