Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a firm reported salary expense of $243,000 for the

A firm reported salary expense of $243,000 for the current year....

60.1K

Verified Solution

Question

Accounting

A firm reported salary expense of $243,000 for the current year. The beginning and ending balances in salaries payable were $42,000 and $12,000, respectively. What was the amount of cash paid for salaries?

$243,000.

$297,000.

$273,000.

$213,000.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Set up the addition and multiplication tables for Z3 and Z6. Use these tables to verify that...

Advance Math
Q

how and by what mechanism is glomerular filtration rate (GFR) affected by obstruction of the ureteropelvic junction...

Medical Sciences
Q

What are your experiences or impressions of HR departments based on your prior work experience?

General Management
Q

Think of all the examples of forecasting experience on a regular basis; such as the weatherman on...

General Management
Q

What structure is highlighted O periosteal bone collar O periosteum cartilaginous epiphysis skin

Biology
Q

Rhonda started a business. Her business made $30,000 in profits the first year. Her annual...

Basic Math
Q

3 Draw a AABC in which BC 6 cm CA 5 cm and AB 4...

Algebra
Q

Exercise 10-4 Straight-Line: Recording bond issuance and discount amortization LO P1, P2 Paulson Company issues...

Accounting
Q

Question 1 Brothers Harry and Herman Hausyerday began operations of their...

Accounting
Q

Ivanhoe Industries, Inc, reports the following liabilities (in thousands) on its January 31,2025 balance sheet...

Accounting
Q

Samson McNaught, a final year student who just finished all the exams from Seneca College...

Accounting
Q

Blue Manufacturing purchased a machine on January 1, 2020 for use in its factory. Blue...

Accounting