Wages of $40 000 were paid in June for work done in June; $5 000 of wages were owed at end of June for work done in June; and an invoice for $8 000 was received for June advertising to be paid in July. What are total expenses for June 2019?
A) $40 000
B) $45 000
C) $53 000
D) $40 000.

Question

Quizplus · Accepted Answer

Total expenses for June 2019 are the wages paid in June plus the wages owed at end of June plus any other expenses incurred in June. 
Total expenses for June 2019 = $40 000 + $5 000 + $8 000 = $53 000. Therefore, the correct choice is C.

Wages of $40 000 Were Paid in June for Work