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As at 1st January 2019, a company has wages and salary outstanding of $30,000. During the year ended 31st December 2019 $250,000 was paid as
As at 1st January 2019, a company has wages and salary outstanding of $30,000. During the year ended 31st December 2019 $250,000 was paid as salary. However, as at 31st December 2019 salary amounting to $25,000 still remained unpaid. What is the salary expense to be written off in the Statement of profit and loss for this company for the year ended 31st December 2019
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