Use the Following Information to Calculate Cash Paid for Wages

question 76

Multiple Choice

Use the following information to calculate cash paid for wages and salaries:
$$\begin{array} { | l | r | } \hline \text { Salaries expense } & \$ 168,000 \\\hline \text { Salaries payable, January 1 } & 6,400 \\\hline \text { Salaries payable, December 31 } & 10,600 \\\hline\end{array}$$

• A) $157,400.
• B) $163,800.
• C) $168,000.
• D) $172,200.
• E) $174,400.

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Definitions:

Stimulant

A substance that raises levels of physiological or nervous activity in the body, increasing alertness, attention, and energy.

Hallucinogenic

Relating to substances that cause hallucinations, altering perception, thought, and feeling, and leading to experiences that differ from ordinary reality.

Depressant

A category of drugs that reduce the functioning of the central nervous system and produce feelings of relaxation and sedation.

Antibiotic

A type of medication used to prevent and treat bacterial infections by killing or inhibiting the growth of bacteria.