A company's income statement shows salaries expense of $22,000 for the current year. The balance in salaries
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Question:
A company's income statement shows salaries expense of $22,000 for the current year. The balance in salaries payable increased $3,000 during the year. How much cash was paid for salaries during the year?
a). $22,000
b). $19,000
c). $25,000
d). $3,000
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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