Question

The income statement for Popov Company included the following expenses for 2011:
Rent expense .......... $150,000
Interest expense ......... 23,400
Salaries expense ......... 242,000
Listed below are the related balance sheet account balances at year-end for this year and last year.


1. Compute the cash paid for rent during the year.
2. Compute the cash paid for interest during the year.
3. Compute the cash paid for salaries during theyear.


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  • CreatedSeptember 10, 2014
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