E11-16 PepsiCo, Inc., reported short-term debt payable and salary payable (adapted, in millions), as follows: December 31,

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E11-16 PepsiCo, Inc., reported short-term debt payable and salary payable (adapted, in millions), as follows: December 31, 20X2 20X1 Current liabilities (partial); Short-term debt payable.. Salary payable. $707 $228 327 334 Assume that during 20X2. PepsiCo borrowed $1.106 million on short-term debt. Also assume that PepsiCo paid $3,200 million for salaries during 20X2. Required 1. Compute PepsiCo's payment of short-term debt during 20X2. 2. Compute PepsiCo's salary expense during 20X2.

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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