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Business, 06.05.2020 08:37 nerual0503

Vacation pay payable is reported on the balance sheet as a(n):

A) current liability
B) long-term liability
C) expense
D) current liability or long-term liability, depending upon when the vacations will be taken by employees

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Answers: 3

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Vacation pay payable is reported on the balance sheet as a(n):

A) current liability
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