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What was recorded as wage expense during the period

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Question - A company's Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had an ending balance of $23,000. What was recorded as Wage Expense during the period?

A. $81,000

B. $59,000

C. $35,000

D. $93,000

E. $47,000

Reference no: EM132122467

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