The balance in the Wages Payable account increased from $12,200 at the beginning of the month to $15,000 at the end of the month. Wages accrued during the month totaled $61,000.
A) Wages paid during the month totaled $58,200.
B) Wages paid during the month totaled $64,800.
C) Wages expense for the month totaled $58,200.
D) Wages expense for the month totaled $76,000.

Question

Quizplus · Accepted Answer

The increase in Wages Payable is $2,800 ($15,000 - $12,200). Since wages accrued were $61,000, the wages paid during the month would be $61,000 - $2,800 = $58,200.

The Balance in the Wages Payable Account Increased from $12,200