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If Salaries and Wages Expense Is $450,000 During the Year

Question 197

Multiple Choice

If Salaries and Wages Expense is $450,000 during the year and the beginning and ending balances of Salaries and Wages Payable are $18,000 and $16,500,respectively,the cash paid to employees is:


A) $450,000.
B) $433,500.
C) $448,500.
D) $451,500.

Correct Answer:

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