A company reported the following amounts of wages payable at the beginning and the end of the year 2013: The income statement for 2013 reported Wages Expense of $56,200. How much cash was paid for wages during 2013?

Question

A company reported the following amounts of wages payable at the beginning and the end of the year 2013:  The income statement for 2013 reported Wages Expense of $56,200. How much cash was paid for wages during 2013?

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The Answer of A company reported the following amounts of wages payable at the beginning and the end of the year 2013:  The income statement for 2013 reported Wages Expense of $56,200. How much cash was paid for wages during 2013?

A Company Reported the Following Amounts of Wages Payable at the Beginning