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Danielsen Inc. had salaries payable of $70,000 as of January 1 and $30,000 as of December 31 . During the year, Danielsen showed $950,000 in
Danielsen Inc. had salaries payable of $70,000 as of January 1 and $30,000 as of December 31 . During the year, Danielsen showed $950,000 in salaries expense on the income statement. Cash outflows for salaries for the year were A. $950,000 B. $910,000 C. $1,020,000 D. $990,000
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