Accounting JAMB

Determine wage expenses from the given information: wages outstanding at the beginning; wages paid during the period 15000 and wages outstanding of the period 2000
Determine wage expenses from the given information: wages outstanding at the beginning; wages paid during the period 15000 and wages outstanding of the period 2000Determine wage expenses from the given information: wages outstanding at the beginning; wages paid during the period 15000 and wages outstanding of the period 2000

A. N16,000
B. N17,000
C. N13,000
D. N14,000

Correct Answer:

Option B –  N17,000

Explanation

15000 + 2000 = 17,000

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