Homework Answers
Solution:
Given During 2018, Salaries and wages expense are $215,000
Salaries and wages payable as on 31/12/17 are $8,500
Salaries and wages payable as on 31/12/18 are $11,600
Computation of salaries and wages paid during 2018:
| Particular | Amount ($) |
| Salaries and wages payable (31/12/17) | $8,500 |
| Add: Salaries and wages expense (2018) | $215,000 |
| Less:Salaries and wages payable (31/12/2018) | ($11,600) |
| Salaries and wages paid (2018) | $211,900 |
Option (A) $211,900 is correct answer.
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