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During the year, Salaries Payable decreased by $13900. Using the direct method of reporting cash flows from operating activities, if Salaries Expense amounted to
During the year, Salaries Payable decreased by $13900. Using the direct method of reporting cash flows from operating activities, if Salaries Expense amounted to $522000 for the year, the cash paid to employees (including deductions from gross pay) is O $522000. O $526600. O $508100. $535900.
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Core Concepts of Government and Not For Profit Accounting
Authors: Michael H. Granof, Penelope S. Wardlow
2nd edition
471737925, 978-0-470-4605, 978-0471737926
