Q3-60. Salary Payable at the beginning of the month totals $27,000. During the month, salaries of $132,000
Question:
Q3-60. Salary Payable at the beginning of the month totals $27,000. During the month, salaries of $132,000 were accrued as expense. If ending Salary Payable is $18,000, what amount of cash did the company pay for salaries during the month?
a. $123,000
c. $141,000
b. $132,000
d. $159,000
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Related Book For 
Financial Accounting International Financial Reporting Standards Global Edition
ISBN: 9781292211145
11th Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
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