May 31, 2016

Homework Help: Accouting

Posted by Ricki on Tuesday, April 24, 2012 at 12:23am.

Vacation pay payable is reported on the balance sheet as a(n)
a. current liability or long-term liability, depending upon when the vacations will be taken by employees
b. current liability
c. expense
d. long-term liability

it's not b

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