A corporation reported salaries expense of 190000 for December of the current year. The following data are from its records: dec 31 nov 30 prepaid salaries 46000 40000 salaries payable 170000 140000 the amount of cash payments for salaries during December of the current year was:  A. 154000 B. 166000 C. 214000 d.226

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter20: Corporations And Partnerships
Section: Chapter Questions
Problem 45P
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2-A corporation reported salaries expense of 190000 for December of the current year. The following data are from its records: dec 31 nov 30 prepaid salaries 46000 40000 salaries payable 170000 140000 the amount of cash payments for salaries during December of the current year was: 

A. 154000

B. 166000

C. 214000

d.226

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