QUESTION 4Wages Payable on a company's balance sheet most likely means thatthe company's accountants are seriously confused. Wages appear on the income statement, not on the balance sheetthe company owes vendors for purchases on accountemployees were overpaid and now owe the company moneyemployees did not yet receive payment for the last few days of work because the last day of the accounting period was not a paydaythe company made advance payments to its employees