Need help this question general accounting The Ames Corporation reports salary expense of $875,000.During that period of time, the salary payable balance roseby $39,000. How much cash did the company pay itsemployees this period?

Cash Paid = Salary Expense - Increase in Salary PayableCash Paid = 875,000 - 39,000Cash Paid =…

Answered: The Ames Corporation reports salary…

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

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Chapter5: Unemployment Compensation Taxes

Section: Chapter Questions

Problem 5PB

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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?