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During 2020 Canada Company paid out $20 500 in wages from its bank accountAt year 1020 Canada uses accrual accounting . How much would be
During 2020 Canada Company paid out \$20 500 in wages from its bank accountAt year 1020 Canada uses accrual accounting . How much would be reported as wages expense and Select one :
a $21 300 and $ 800
b . $21 700 and zero
c . $ 19 700 and $ 800
d . $ 21 000 and $ 800
During 2020 Canada Company paid out $20 500 in wages from its bank account. At year-end 2020 wages owing but unpaid were $800. Canada uses accrual accounting. How much would be reported as wages expense and wages accrued be for 2020? Select one: a. $21 300 and $800 b. $21700 and zero c. $19 700 and $800 O d. $21 000 and $800Step by Step Solution
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