Question on: WAEC Accounting - 2010
On 1/7/07, a trader owed wages of Le 2,000. During the year ended 30/6/08, wages of Le, 2,400 were owed and Le 8,000 were paid. Using the information, the wages recorded in the balance sheet as at 30/6/08 is
A
Le 2,400
B
Le 8,400
C
Le 8,000
D
Le 7,600
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Correct Option: B
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