Question: Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. The previous payday was January 26 and

Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. The previous payday was January 26 and the accounting period ends on January 31.

Required:

What is the ending balance in the wages payable account on January 31?

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