Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the balance in the wages payable account increased

The balance in the Wages Payable account increased from $12,200 at the beginning of the...

80.2K

Verified Solution

Question

Accounting

The balance in the Wages Payable account increased from $12,200 at the beginning of the month to $15,000 at the end of the month. Wages accrued during the month totaled $61,000.

Select one:

a. Wages paid during the month totaled $58,200.

b. Wages paid during the month totaled $64,800.

c. Wages expense for the month totaled $58,200.

d. Wages expense for the month totaled $76,000.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

1) Sort the phrases pertaining to pure substances and mixtures as either true or false. Note:...

Finance
1.2K views

4.9 Broward Manufacturing recently reported the following information: Net income $597,000 ROA 10% Interest expense $220,890 Accounts payable and accruals $1,050,000 Broward's tax rate is 25%....

Electrical Engineering
1.2K views

What is the main difference between gated and edge triggered digital devices?

Biology
1.2K views

of types of sarcasm I Brooding III Informative O I and II O II and...

Physics
1.2K views

2b of the charge Q on a tiny sphere a fraction f is to be...

Calculus
1.2K views

Problem 3 A 7 ft tall person is walking away from a 20 ft tall...

Algebra
1.2K views

NOTICE you only have ONE chance for this problem Jan and Monica are both solving...

Accounting
1.2K views

Please fill in chart completely 72,600 Prepare...

Accounting
1.2K views

You invest $120000 into an account that earns 8.5 % simple interest for 30 months....

Finance
1.2K views

3. It is January 1", 2020. A bank has 30 more months remaining in an...

Accounting
1.2K views

PROBLEM: P Company owns 60% of the outstanding common stock of S Company....

Finance
1.2K views

26. Money in a 401K account tends to be safe when its owner is threatened...