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    Financial and Managerial Accounting Study Set 6
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    Exam 12: Reporting and Analyzing Cash Flows
  5. Question
    Jacob Corporation's Salaries Expense Was $18
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Jacob Corporation's Salaries Expense Was $18

Question 126

Question 126

Short Answer

Jacob Corporation's salaries expense was $18.0 million. What is the amount of cash that Jacob paid for salaries if the salaries payable account by $4.0 million?

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