Question

Green Living Construction Company installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installers work every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as ___________ on Green Living's balance sheet.A. capital cash flowsB. current liabilitiesC. retained earningsD. long-term liabilities

Answer 1

The correct answer is B

Step-by-step explanation:

Green Living Construction Company installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installers work every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as current liabilitieson Green Living's balance sheet.

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