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During Clean Dirt,Inc

Question 80

Multiple Choice

During Clean Dirt,Inc.'s first year of business,salary expense was $60,000.At the end of its first year of business,Clean Dirt's first balance sheet showed $5,000 of salaries payable.How much did Clean Dirt pay in cash for salaries during its first year of business?


A) $60,000
B) $55,000
C) $65,000
D) $5,000

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