7. A Company started year x with salaries payable of $10,000, and ended the same year with salaries payable of $15,000. During the year, the company paid salaries of $125,000. The amount of salaries expense the company reported on its income statement for that year was:
A) $120,000. B) $150,000. C) $130,000. D) $125,000. E) none of the above.
please explain. i figured it out to be 130, but was wrong
2006-10-09
07:00:48
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1 answers
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asked by
Diggler AKA The Cab Driver
1
in
United States