The wages expense of Ben Corporation was $45,000.Beginning wages payable was $6,000.Ending wages payable was $3,000.Cash paid to employees was_____.

Question

Quizplus · Accepted Answer

To calculate the cash paid to employees, we need to take into account the changes in wages payable. 
Beginning balance of wages payable = $6,000 
Ending balance of wages payable = $3,000 
Change in wages payable = $6,000 - $3,000 = $3,000 
Cash paid to employees = Wages expense - change in wages payable 
Cash paid to employees = $45,000 - $3,000 = $42,000 
Therefore, the correct option is B) $48,000, as we need to add the change in wages payable ($3,000) to the cash paid to employees ($42,000) to get the total amount of cash paid to employees during the period. 
Cash paid to employees = $42,000 + $3,000 = $45,000 + $3,000 = $48,000.

The Wages Expense of Ben Corporation Was $45,000