If wages payable increases between the beginning and end of a month,this indicates that
A)Wages paid were more than wages expense for the month.
B)Wages expense was more than wages paid for the month.
C)All wages expense for the month were paid as incurred.
D)No wages were paid during the period

Question

Quizplus · Accepted Answer

An increase in wages payable between the beginning and end of a month indicates that the company incurred more wages expense than it paid during the month. Wages payable represents the amount owed to employees for work done but not yet paid for. Therefore, an increase in wages payable means that the company owes more to employees at the end of the month than it did at the beginning, indicating that it incurred more wages expense than it paid.

If Wages Payable Increases Between the Beginning and End of a Month,this