Answered: A firm reported wages expense of $607…

A firm reported wages expense of $607 million and cash paid for wages of $578 million. What was the change in wages payable for the period?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter22: Accounting For Changes And Errors.

Section: Chapter Questions

Problem 6RE: Suppose that Blake Companys total pretax difference from a change to FIFO was 100,000 and the...

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Question

What was the chance in wages?

A firm reported wages expense of
$607 million and cash paid for wages
of $578 million. What was the change
in wages payable for the period?

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