Use the following information to calculate cash paid for wages and salaries: $\begin{array}{l|r}
\text { Salaries expense } & \$ 168,000 \
\hline \text { Salaries payable, January 1 } & 6,400 \
\hline \text { Salaries payable, December 31 } & 10,600
\end{array}$
A)$172,200.
B)$157,400.
C)$168,000.
D)$163,800.
E)$174,400.

Question

Quizplus · Accepted Answer

The cash paid for wages and salaries is calculated as: Salaries expense + Beginning salaries payable - Ending salaries payable = $168,000 + $6,400 - $10,600 = $163,800.

Use the Following Information to Calculate Cash Paid for Wages