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Sage, Inc Has 20 Employees Who Work Monday Through Friday Each

Question 19

Multiple Choice

Sage, Inc. has 20 employees who work Monday through Friday each week; each employee earns $200 per day and is paid every Friday. The end of the accounting period is on a Wednesday. How much wages expense should the firm accrue at the end of the period?


A) $4,000
B) $2,000
C) $0
D) $12,000

Correct Answer:

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