Employees performed services in 2012, but the wages were not paid until 2013. During which year would

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Employees performed services in 2012, but the wages were not paid until 2013. During which year would the wages expense be reported on the income statement under
(a) The cash basis?
(b) The accrual basis?

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Survey of Accounting

ISBN: 978-1133189121

6th edition

Authors: Carl S Warren

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Question Posted: Feb 04, 2014 07:13 AM

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Employees performed services in 2012, but the wages were not paid until 2013. During which year would

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a If the company will record wages on a cash basis it will record w...View the full answer

Survey of Accounting

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