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The balance in the Accrued Wages Payable account increased from $14,500 at the beginning of the month to $20,000 at the end of the month. Wages accrued during the month totaled $61,000. -Wages paid during the month totaled $55,500. - Wages expense for the month totaled $58,200. - Wages paid during the month totaled $66,500. Wages expense for the month totaled $95,500.

The balance in the Accrued Wages Payable account increased from $14,500 at the beginning of the month to $20,000 at the end of the month. Wages accrued during the month totaled $61,000. -Wages paid during the month totaled $55,500. - Wages expense for the month totaled $58,200. - Wages paid during the month totaled $66,500. Wages expense for the month totaled $95,500.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The balance in the Accrued Wages Payable account increased from $14,500 at the beginning of the month to $20,000 at the end of the month. Wages accrued during the month totaled $61,000. -Wages paid during the month totaled $55,500. - Wages expense for the month totaled $58,200. - Wages paid during the month totaled $66,500. Wages expense for the month totaled $95,500.
Transcribed Image Text:The balance in the Accrued Wages Payable account increased from $14,500 at the beginning of the month to $20,000 at the end of the month. Wages accrued during the month totaled $61,000. -Wages paid during the month totaled $55,500. - Wages expense for the month totaled $58,200. - Wages paid during the month totaled $66,500. Wages expense for the month totaled $95,500.
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