Financial Analysis of the Creative Chips Finance & Accounting Case Study
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The amount of wages expenses for the financial year 2003 amounts to $ 36,000. Apart from this, as can be observed in the balance sheet of the company for the year 2002, there are wages which are yet to be paid by the company, which amount to $ 7,350. In addition to this information, it is also worth noting that the total expenditure incurred by the company in relation to payroll amounted to $ 89,850.