If wages expense is $90,000 and the beginning and ending Wages Payable balances are $10,000 and $15,000, respectively, cash paid to employees for wages is:
A) $75,000
B) $80,000
C) $85,000
D) Not determinable from the information given

Question

Quizplus · Accepted Answer

The cash paid to employees for wages can be calculated by adjusting the wages expense for the change in the wages payable account. The calculation is as follows: Wages Expense ($90,000) + Beginning Wages Payable ($10,000) - Ending Wages Payable ($15,000) = $85,000.

If Wages Expense Is $90,000 and the Beginning and Ending