SWFT Individual Income Taxes
43rd Edition
ISBN: 9780357391365
Author: YOUNG
Publisher: Cengage
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On January 1, 2025, Willow Tech Inc. reported a Salaries Payable balance of $39,000. Salaries Expense for 2025 totaled $512,000. The ending balance of Salaries Payable on December 31, 2025, was $46,000. What is the amount of cash paid for salaries in 2025?
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