Wages Payable was $350 at the end of October and $280 at the end of November.Wages Expense for November was $2,000.How much cash was paid for wages during November?
A)$1,930
B)$2,630
C)$2,070
D)$1,370

Question

Quizplus · Accepted Answer

We need to calculate the cash paid for wages during November.

Wages Payable at the end of October = $350

Wages Payable at the end of November = $280

So, during November, the company paid wages of:

Wages Expense for November + Wages Payable at the end of October - Wages Payable at the end of November

= $2,000 + $350 - $280

= $2,070

Therefore, the answer is (C) $2,070.

Wages Payable Was $350 at the End of October and $280