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Compensated absences expense At the beginning of the current year, Franklin County's enterprise fund had a $125,000 balance for accrued compensated absences. At the end
Compensated absences expense At the beginning of the current year, Franklin County's enterprise fund had a $125,000 balance for accrued compensated absences. At the end of the year, the balance was $150,000. During the year, Franklin paid $400,000 for compensated absences. What amount of compensated absences expense should Franklin County's enterprise fund report for the year? Select one: a. $400,000 b. $425,000 c. $350,000 d. $375,000
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