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Refer to the financial statement data below. 2024 2023 Tax expense 25,000 30,000 Interest expense 60,000 88,000 Interest payable 45,000 40,000 Tax payable 14,000 23,000
Refer to the financial statement data below.
| 2024 | 2023 | |
| Tax expense | 25,000 | 30,000 |
| Interest expense | 60,000 | 88,000 |
| Interest payable | 45,000 | 40,000 |
| Tax payable | 14,000 | 23,000 |
What amount of cash is paid for interest in 2024?
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
