Salary Payable at the beginning of the month totals $26,000. During the month, salaries of $125,000 were
Question:
Salary Payable at the beginning of the month totals $26,000. During the month, salaries of $125,000 were accrued as expense. If ending Salary Payable is $10,000, what amount of cash did the company pay for salaries during the month?
a. $141,000
b. $136,000
c. $89,000
d. $161,000
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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