Wage Works, Inc. reported $$10,000$ of Wages Expense and $$2,000$ of Wages Payable on its annual financial statements. Which of the following statements about wages is true?

Multiple select question.

Wages Expense, on the income statement, reports the amount paid during the year.

Wages Payable, on the income statement, reports the amount owed for services received.

Wages Payable, on the balance sheet, reports the amount owed at the end of the year for services received.

Wages Expense, on the income statement, reports the amount of services received during the year.

Wages Expense, on the balance sheet, reports the amount paid during the year.