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Schneider Inc. had salaries payable of $60,700 and $90,600 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,200 in salaries expense
Schneider Inc. had salaries payable of $60,700 and $90,600 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,200 in salaries expense in its income statement. Cash outflows for salaries in 2021 were: Multiple Choice $651,100. $621,200. $530,600. $591,300.
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