Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

During 20x2 the Pennsy Inns total payroll expense was 805,000. The payroll payable account at the beginning and end of 20x2 equaled 6,000 and 8,000.

During 20x2 the Pennsy Inns total payroll expense was 805,000. The payroll payable account at the beginning and end of 20x2 equaled 6,000 and 8,000. What were the total cash disbursements for payroll during 20x2?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services

Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau

8th International Edition

1260570517, 978-1260570519

More Books

Students also viewed these Accounting questions