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The Accounting Information System 3 - 21 Use the following information for questions 144 through 146: The income statement of Dolan Corporation for 2015 included
The Accounting Information System 3 - 21 Use the following information for questions 144 through 146: The income statement of Dolan Corporation for 2015 included the following items: Interest revenue 55,500 Salaries and wages expense 95,000 Insurance expense 9,600 The following balances have been excerpted from Dolan Corporation's statement of financial position: December 31, 2015 December 31, 2014 Accrued interest receivable 9, 100 7,500 Accrued salaries and wages payable 8,900 4,200 Prepaid insurance 1,100 1,500 *144. The cash received for interest during 2015 was a. 46,400. b. 53,900 C. 55,500 d. 57,100. *145. The cash paid for salaries and wages during 2015 was a. 99.700. b. 90,300 c. 90,800. d. 103,900. *146. The cash paid for insurance premiums during 2015 was a. 8,500. b. 8,100. c. 10,000 d. 9,200
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