Organic Gardening Ltd. had operating expenses of $968,000 during 2017. Accrued liabilities at the beginning of the

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Organic Gardening Ltd. had operating expenses of $968,000 during 2017. Accrued liabilities at the beginning of the year were $27,000, and were $36,000 at the end of the year. Assuming all debits and credits to accrued liabilities are related to operating expenses, what was the total cash paid for operating expenses during 2017?

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Fundamental Accounting Principles Volume 2

ISBN: 9781259087363

15th Canadian Edition

Authors: Kermit Larson, Heidi Dieckmann

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