On 1/7/07, a trader owed wages of Le 2,000. During the year ended 30/6/08, wages of Le, 2,400 were owed and Le 8,000 were paid. Using the information, the wages recorded in the balance sheet as at 30/6/08 is
A Le 2,400
B Le 8,400
C Le 8,000
D Le 7,600
Answer is B
