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Zimbalist Corporation Reports a Decrease in Salaries Payable of $3000

Question 1

Multiple Choice

Zimbalist Corporation reports a decrease in salaries payable of $3000.If salaries expense totaled $189,000 for the year,the cash paid to employees is:


A) $3000.
B) $186,000.
C) $189,000.
D) $192,000.

Correct Answer:

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