Question
A companys Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had
A companys Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had an ending balance of $23,000. What was recorded as
Wage Expense during the period?
| A. | $81,000 | |
| B. | $59,000 | |
| C. | $35,000 | |
| D. | $93,000 | |
| E. | $47,000 |
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Security Audit And Control Features SAP ERP
Authors: Deloitte Touche Tohmatsu Research Team And Isaca
3rd Edition
1604201150, 978-1604201154
