Salary Payable at the beginning of the month totals $28,000. During the month salaries of $126,000 were

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Salary Payable at the beginning of the month totals $28,000. During the month salaries of $126,000 were accrued as expense. If ending Salary Payable is $15,000, what amount of cash did the company pay for salaries during the month?

a. $124,000

c. $126,000

b. $139,000

d. $154,000

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

Question Posted: Jul 26, 2024 03:00 AM

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Salary Payable at the beginning of the month totals $28,000. During the month salaries of $126,000 were

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Financial Accounting International Financial Reporting Standards

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