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Wage expense
Industrial Activities operated five days per week with a daily payroll of $4000, Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31. What is the amount of Wages Expense recorded on the next payday, Saturday, April 3?
A. $-0- B. $8,000 C. $12,000 D. $20,000 Is the correct answer B. $8,000 |
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