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Find what the amount to be accrued for wages would be

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Problem 1: On Friday of each week. Cobalt Ltd pays its factory personnel weekly wages amounting to $2,500 for a five-day working week. During January, pay day falls on Friday 28th. For the month end accounts for January, the amount to be accrued for wages would be:

Select one:

a. $500
b. $1,000
c. $1,500
d. $2,000
e. $2,500

Reference no: EM132707687

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