Question
If the ending balance in Salaries Payable was $12,500, duringthe year the cash paid for salaries (earned both last year andthis year) was $150,000, and
If the ending balance in Salaries Payable was $12,500, duringthe year the cash paid for salaries (earned both last year andthis year) was $150,000, and the Salary Expense for the year was$70,000, what was the beginning balance in Salaries Payable?
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Gleim CIA Review Part 2 Practice Of Internal Auditing
Authors: Irvin N. Gleim
2020 Edition
1618542648, 978-1618542649
