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
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
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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