How much would the balance of factory labor account change

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Problem

In the month of October, Tran Incorporated had salaries of $15,000 for factory managers, $18,000 for financial managers, and $42,000 for company executives. They also had wages of $98,000 for factory workers and $64,000 for office workers. How much would the balance of the Factory Labor account change between October 1 and October 31?

A : decrease by $83,000
B : increase by $237,000
C : increase by $113,000
D : increase by $195,000.

Reference no: EM131800050

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