Accrued Wages} Employees earn ($ 2,500) per day, work five days per week, Monday through Friday, and
Question:
Accrued Wages}
Employees earn \(\$ 2,500\) per day, work five days per week, Monday through Friday, and get paid every Friday. The previous payday was Friday, March 29 , and the accounting period ends on Monday, March 31.
Required:
What is the ending balance in the wages payable account on March 31?
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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