57 Analyze the activity in the Salaries Payable account. At the beginning of the month, the balance was $18.230. During the month, three debits in the amounts of $4,670, $11,270, and $14,770 were posted to Salaries Payable, and three credits in the amounts of $3,630, $9,530, and $12.730 were posted to Salaries Payable. At the end of the month, what is the balance in the Salaries Payable account? 1.49 points Multiple Choice 2 o 523050. o o o A Company gathered the following information from its accounting records and the June bank statement to prepare the June bank reconciliation 58 1.49 points Ending cash balance per books, 10/31 Deposits in transit Interest received from bank Bank service charge for check printing Outstanding checks NSP check of T. Owens $5,500 550 1,850 230 4,000 275 The up-to-date ending cash balance on June 30 is: Multiple Choice $6,570. o $6,845. o oc 59 A Company had a beginning inventory of $16,000. During the year, the company recorded inventory purchases of $55,000 and cost of goods sold of $52,000. The ending inventory must equal 149 points Multiple Choice 2 $19,000 O $27.000 O $26.000 0 $28,000 61 Jacob Company recently purchased land, a building, and equipment for a lump sum price of $125,000. Jacob's accountant is preparing to record this transaction in the accounting records and needs to determine the amount to record for eash asset. According to recent appraisal records, the building was appraised at $72.000, the land at $50,000, and the equipment at $23,000. What amount should Jacob's accountant record for the cost of the building in the accounting records? (Round your intermediate calculations to 3 decimal places.) 1.49 points 8 00:35:36 Multiple Choice $62.125 o o O $125.000 O $0 O $72,000