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Home Q & A Board Other Fields Homework Help Business Accounting
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rogers rogers
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5 years ago
Danielsen Inc. had salaries payable of $80,000 as of January 1 and $30,000 as of December 31. During the year, Danielsen showed $550,000 in salaries expense on the income statement. Cash outflows for salaries for the year were ________.
A) $500,000
B) $550,000
C) $600,000
D) $630,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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kleechkleech
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5 years ago
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rogers Author
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Literally the most helpful website ever
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