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A firm reports $86,000 in wages expense in its income statement. If beginning and ending wages payable are $3,900 and $2,800, respectively, what is the
A firm reports $86,000 in wages expense in its income statement. If beginning and ending wages payable are $3,900 and $2,800, respectively, what is the amount of cash paid to employees?
a) $89,900
b) $87,100
c) None of the above
d) $88,800
e) $86,000
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