Multiple Choice
The financial statements of Gregg Co.reported wages expense of $160,000 during Year 2,wages payable of $16,000 at the end of Year 1,and wages payable of $22,000 at the end of Year 2.What amount of cash was paid for wages during Year 2?
A) $176,000
B) $160,000
C) $154,000
D) $144,000
Correct Answer:
Verified
Correct Answer:
Verified
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