Multiple Choice
During 2014 The Style Hairdressing Salon paid out $41 000 in wages from its bank account. At year-end 2014 wages owing but unpaid were $1600. The salon uses accrual accounting. How much would be reported as wages expense for 2014?
A) $39 400
B) $41 000
C) $43 400
D) $42 600
Correct Answer:
Verified
Correct Answer:
Verified
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