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2) Kuandyk Co.s salaries expense for the year 2016 was 3500000 KZT and during the year salaries payable a) decreased by 250000KZT b) increased by
2) Kuandyk Co.s salaries expense for the year 2016 was 3500000 KZT and during the year salaries payable a) decreased by 250000KZT b) increased by 188000 KZT. Calculate the cash payments for salaries for each of the independent cases above. Prove your solution on the T accounts. 3) Kuandyk Company reported rent expense of 2750000 KZT for 2016. During the year prepaid rent account a) decreased 275000KZT b) increased 218000KZT. Calculate the cash payments for rent for each of the independent cases above. Prove your solution on the accounts. 4) Assume Kuandyk Co, paid 750000 KZT for interest in 2016. Interest expense for 2016 was 742000 KZT. Interest payable at the beginning of 2016 was 135000 KZT Calculate the interest payable at the end of the year
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