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Joe Ringworth, factory supervisor at Winger Enterprises, had been attending night classes to earn a degree in business. He was particularly puzzled by what one

Joe Ringworth, factory supervisor at Winger Enterprises, had been attending night classes to earn a degree in business. He was particularly puzzled by what one of his accounting professors had said in class the previous evening. The professor, who knew that Joe worked as a factory supervisor, had said that some of Joes salary could end up on the companys balance sheet at the end of the month. This didnt make any sense to Joe. Explain why some of Joes salary could end up on the companys balance sheet at the end of the month

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