The balances of the two accounts related to wages at October 31, after adjustments at the end
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The balances of the two accounts related to wages at October 31, after adjustments at the end of the first year of operations, are Wages Payable, $11,900, and Wages Expense, $825,000. Determine the amount of wages paid during the year.
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To determine the amount of wages paid during the year we need to use the following formula Wages Pai...View the full answer
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