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Winter Carnival paid its employees $ 9 0 , 0 0 0 cash for their salary. At the end of year 2 0 2 3

Winter Carnival paid its employees $90,000 cash for their salary. At the end of year 2023,
the company still owed $2,500 salary payable to its employees.
8. Winter Carnival incurred insurance expenses of $6,000, all paid in cash in 2023.

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