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During the year, the Salaries Payable liability decreased from $84,000 to $72,000. If Salaries Expense amounted to $450,000 for the year, the cash paid
During the year, the Salaries Payable liability decreased from $84,000 to $72,000. If Salaries Expense amounted to $450,000 for the year, the cash paid to employees was a. $462,000. b. $438,000. c. $454,000. d. $450,000.
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