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If Wages Expense for the Year Is $480 000, Wages

Question 37

Multiple Choice

If wages expense for the year is $480 000, wages accrued at the beginning of the period are $15 600 and wages accrued at the end of the period are $18 200 what amount for wages paid will appear in the statement of cash flows?


A) $477 400
B) $461 800
C) $480 000
D) $482 600

Correct Answer:

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