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The Following Balances Have Been Excerpted from Edwards' Balance Sheets

Question 13

Multiple Choice

The following balances have been excerpted from Edwards' balance sheets:
The following balances have been excerpted from Edwards' balance sheets: Edwards Company paid or collected during 2011 the following items: The salary expense on the income statement for 2011 was A) $366,500. B) $472,500. C) $489,500. D) $595,500.
Edwards Company paid or collected during 2011 the following items:
The following balances have been excerpted from Edwards' balance sheets: Edwards Company paid or collected during 2011 the following items: The salary expense on the income statement for 2011 was A) $366,500. B) $472,500. C) $489,500. D) $595,500.
The salary expense on the income statement for 2011 was


A) $366,500.
B) $472,500.
C) $489,500.
D) $595,500.

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