The Ames Corporation reports salary expense of $875,000. During that period of time, the salary payable balance rose by $39,000. How much cash did the company pay its employees this period?

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter5: Unemployment Compensation Taxes
Section: Chapter Questions
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The Ames Corporation reports salary expense of $875,000.
During that period of time, the salary payable balance rose
by $39,000. How much cash did the company pay its
employees this period?
Transcribed Image Text:The Ames Corporation reports salary expense of $875,000. During that period of time, the salary payable balance rose by $39,000. How much cash did the company pay its employees this period?
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