Kelly Corp How Much Cash Was Paid for Salaries During 2018?

question 156

Multiple Choice

Kelly Corp.reported the following information for 2017 and 2018. $\begin{array}{lr}\text { Salaries payable, December } 31,2017 & \$ 3,700 \\\text { Salaries payable, December } 31,2018 & 1,800 \\\text { Salaries expense-2018 } & 57,000\end{array}$ How much cash was paid for salaries during 2018?

• A)$55,100
• B)$55,200
• C)$57,000
• D)$58,900

Analyze the impact of dishonored checks on individuals and businesses, including the potential for recourse and financial loss.

Understand the use and legal implications of substitute checks and the rights of consumers when errors occur.

Grasp the sequence of liability in check endorsements and the chain of collection among banks.

Evaluate the advantages and risks of using credit and debit cards, especially in online transactions.

---

Definitions:

Symbolic Tool

An object or sign used to represent ideas, concepts, or other objects, facilitating communication and cognitive processes.

Material Tool

An object or physical item used to achieve a goal or complete a task, often made or modified by human beings.

Geometry

A branch of mathematics that deals with shapes, sizes, and other properties of figures and spaces.

Biocultural Foundations

Pertains to how biological and cultural factors interact to shape human development, health, and behavior.