Question

What is the amount of wages earned by workers but not paid as of December 31?

1) $7,000
2) $0
3) Cannot be determined
4) None of the above

Answer 1

Without the company's accounting records or relevant data, it is impossible to determine the amount of unpaid wages as of December 31. Therefore, the answer is Cannot be determined.

Step-by-step explanation:

To determine the amount of wages earned by workers but not paid as of December 31, one would typically look at the accounting records of a company to find any outstanding wages payable. Without such information, it's not possible to accurately answer the question. However, the provided information seems to lack relevant data on the exact wages earned but not yet paid up to the specified date. Therefore, the answer to what is the amount of wages earned by workers but not paid as of December 31 with the given information is Cannot be determined (Option 3).