Blanton Ridge, Inc.'s Salaries and Wages Expense is $900,000 during the year and the beginning and ending balances of Salaries and Wages Payable are $36,000 and $33,000, respectively, the cash paid to employees is:

A. $897,000.
B. $903,000.
C. $900,000.
D. $867,000.


Answer: B

Business

You might also like to view...

Which of the following is not an indicator of a potential going-concern problem?

a. Negative trends in profitability. b. External matters increasing regulatory requirements. c. Significant changes in competition. d. An Altman Z-score above 3.0.

Business

Because the supply chain has become so electronic and automated, opportunities for unethical behavior have been greatly reduced

Indicate whether the statement is true or false

Business

Interpretative rules are agency-issued statements that explain how the agency construes its governing statute

Indicate whether the statement is true or false

Business

__________ represents a pattern of performance between the parties to a contract

A) Course of dealing B) Usage of trade C) Course of trade D) Usage of dealing

Business