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Question 9 5 pts Gingerbread Incorporated had salaries payable of $61,000 and $91,900 at the end of 2023 and 2024, respectively. During 2024, Gingerbread recorded

Question 9\ 5 pts\ Gingerbread Incorporated had salaries payable of

$61,000

and

$91,900

at the end of 2023 and 2024, respectively. During 2024, Gingerbread recorded

$621,100

in salaries expense in its income statement. Cash outflows for salaries in 2024 were:\

$590,200

.\

$652,000

\

$529,200

.\ None of the options listed.\

$621,100

.

image text in transcribed
Gingerbread Incorporated had salaries payable of $61,000 and $91,900 at the end of 2023 and 2024, respectively. During 2024, Gingerbread recorded $621,100 in salaries expense in its income statement. Cash outflows for salaries in 2024 were: $590,200. $652,000. $529,200. None of the options listed. $621,100

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