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A company reported Salaries and Wages Payable of $785 at the beginning of the year and $2,570 at the end of the year. The income
A company reported Salaries and Wages Payable of $785 at the beginning of the year and $2,570 at the end of the year. The income statement for the year reported Salaries and Wages Expense of $56,900. How much cash was paid for salaries and wages during the year? |
A) $54,330
B) $55,115
C) $53,545
D) $56,900
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