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During July, wage expense of $27,000 was reported on the income statement of a company. If wages payable on July 1st was $2,000, and wages
During July, wage expense of $27,000 was reported on the income statement of a company. If wages payable on July 1st was $2,000, and wages of $20,000 were paid during July, how much was accrued wages payable on July 31st?
Select one:
A. $1,000
B. $2,000
C. $9,000
D. $1,500
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