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Genco Ltd has a weekly payroll of $140,000. The last payroll processed before the end of the annual reporting period was for the week ended
Genco Ltd has a weekly payroll of $140,000. The last payroll processed before the end of the annual reporting period was for the week ended Friday 24 June 2020. Employees do not work during weekends. What is the accrued Wages Expense as at 30 June 2020?
| $112,000 | ||
| $80,000 | ||
| $120,000 | ||
| None of the above |
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