Multiple Choice
A firm reported salary expense of $239,000 for the current year. The beginning and ending balances in salaries payable were $40,000 and $15,000, respectively. What was the amount of cash paid for salaries?
A) $214,000.
B) $289,000.
C) $264,000.
D) $239,000.
Correct Answer:
Verified
Correct Answer:
Verified
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