X Co's Employees Carry Out Work to the Value of $7500

Multiple Choice

X Co's employees carry out work to the value of $7500. They are paid $4500 immediately with the balance to be settled in the next accounting period. Under the cash approach to profit measurement the amount of wages expense that will be recorded in the current period is:

A) nil.
B) $4500.
C) $3000.
D) $7500.