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    Exam 16: Understanding Corporate Annual Reports: Basic Financial Statements
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    The Wages Expense of Florida Corporation Was $45,000 as Per
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The Wages Expense of Florida Corporation Was $45,000 as Per

Question 24

Question 24

Multiple Choice

The wages expense of Florida Corporation was $45,000 as per its income statement.Beginning wages payable was $6,000.Ending wages payable was $3,000.The cash paid to employees was ________.


A) $42,000
B) $45,000
C) $48,000
D) $50,000

Correct Answer:

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