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Calculate the wages expense for the financial year

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Reference no: EM132950102

A business records all transactions relating to the expense for wages during the financial year 1 January 2020 to 31 December 2020. On 1 January 2020 there was an accrual of £900 in respect of wages. On 31 December 2020 there was a wages accrual of £1,100. During the year, £4,500 was paid in respect of wages.

Problem 1: Calculate the wages expense for the financial year ended 31 December 2020

Reference no: EM132950102

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