Edge Company's salaried employees are paid biweekly.Occasionally, advances made to employees are paid back by payroll deductions.Information relating to salaries for the calendar year 2011 is as follows: At December 31, 2011, what amount should Edge report for accrued salaries payable?

Question

Edge Company's salaried employees are paid biweekly.Occasionally, advances made to employees are paid back by payroll deductions.Information relating to salaries for the calendar year 2011 is as follows:  At December 31, 2011, what amount should Edge report for accrued salaries payable?

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The Answer of Edge Company's salaried employees are paid biweekly.Occasionally, advances made to employees are paid back by payroll deductions.Information relating to salaries for the calendar year 2011 is as follows:  At December 31, 2011, what amount should Edge report for accrued salaries payable?

Edge Company's Salaried Employees Are Paid Biweekly