Use the following information to calculate cash paid for wages and salaries:

Use the following information to calculate cash paid for wages and salaries:
  Salaries expense $202,000
  Salaries payable, January 1 16,600
  Salaries payable, December 1 27,600

Answer

Cash paid for salaries is computed below Salaries payablesan+ Salaries Expense Salaries payableDec Cash paid for salaries- -

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