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    Fundamentals of Financial Accounting Study Set 5
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    Exam 12: Reporting and Interpreting the Statement of Cash Flows
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    If Wages Expense Is $450,000 and the Beginning and Ending
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If Wages Expense Is $450,000 and the Beginning and Ending

Question 101

Question 101

Multiple Choice

If Wages Expense is $450,000 and the beginning and ending balances of Wages Payable are $18,000 and $16,500, respectively, the cash paid to employees is:


A) $450,000
B) $433,500
C) $448,500
D) $451,500

Correct Answer:

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