Multiple Choice
Clean Dirt,Inc.had $8,000 of salaries payable at December 31,2010.During 2011,Clean Dirt's salary expense was $60,000.At December 31,2011,Clean Dirt's balance sheet showed $5,000 of salaries payable.How much did Clean Dirt pay in cash for salaries during 2011?
A) $60,000
B) $65,000
C) $63,000
D) $57,000
Correct Answer:
Verified
Correct Answer:
Verified
Q79: Williston Skateboards had net cash from operating
Q80: During Clean Dirt,Inc.'s first year of business,salary
Q81: The statement of cash flows is one
Q82: issuance of bonds<br>A)operating activities<br>B)investing activities<br>C)financing activities<br>D)noncash item<br>
Q83: Why do investors use free cash flow
Q85: Each cash flow reported in the statement
Q86: Team Shirts,Inc.had net cash from operating activities
Q87: Team Shirts,Inc.recognized $8,144 of supplies expense for
Q88: Team Shirts,Inc.had net cash from operating activities
Q89: On January 1,2011,Company Z had accounts receivable