Carrington, Inc

question 163

Multiple Choice

Carrington, Inc.recorded $97,000 in salary expense for January 2016.Its beginning balance in salaries payable was $3,000 and its ending balance was $4,000.How much was paid in cash for salaries during January 2016?

• A) $96,000
• B) $97,000
• C) $98,000
• D) $99,000

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