Question
A company's Wages Payable account had a beginning balance of $12,000.During the month, the companypaid out $70,000 cash for wages.The account had an ending balance
Acompany's Wages Payable account had a beginning balance of $12,000.During the month, the companypaid 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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Fundamental Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
71220720, 78110890, 9780071220729, 978-0078110894
