Answer
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Step-by-step explanation:
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Answer:
D) $6,000.
Explanation:
Number of Employees = 20 employees
Earning per day = $100 per day
Total Earning per day = 20 x $100 = $2,000 per day
It is assumed that weekend days are off days and not being paid.
Week days Spent upto last day after payment = Wednesday - Last Monday
Week days Spent upto last day after payment = 3 days
Accrued Expense at the end of accounting period = 3 days x $2,000 per day = $6,000