Multiple Choice
Salary Expense on the income statement was $183,200 for the year ended December 31, 2010. The Salary Payable account decreased $19,230 during the same period. The amount of cash payments to employees for the year ended December 31, 2010:
A) was $163,970.
B) was $183,200.
C) was $202,430.
D) cannot be determined from the information given.
Correct Answer:
Verified
Correct Answer:
Verified
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