Question

Wilson Consulting has provided the following information regarding cash payments to its employees in May and June:
Salary payments in May for work performed by employees in April........$ 8,000
Salary payments in May for work performed by employees in May..........15,000
Salary payments in June for work performed by employees in May...........9,000
Apply the matching principle to determine how much salary expense Wilson Consulting should report in its May income statement.



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  • CreatedApril 17, 2014
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