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Able Ltd operates on a five-day working week. Employees are paid on Thursday for work completed to Wednesday. The weekly wages bill is $40 000.

Able Ltd operates on a five-day working week. Employees are paid on Thursday for work completed to Wednesday. The weekly wages bill is $40 000. If 30 June 2011 fell on a Tuesday, what was the accrued wages payable on 30 June 2011?

Select one:

a. $8000

b. $16 000

c. $32 000

d. none of the above

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