California Condos
California Condos uses the accrual basis of accounting, and had the following account balances on its financial statements at December 31, 2019.
-Refer to California Condos. On January 1, there was a $0 balance in the salaries payable account. How much cash did the company pay for salaries during the year?

Question

California Condos
California Condos uses the accrual basis of accounting, and had the following account balances on its financial statements at December 31, 2019. 
-Refer to California Condos. On January 1, there was a $0 balance in the salaries payable account. How much cash did the company pay for salaries during the year?

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The Answer of California Condos
California Condos uses the accrual basis of accounting, and had the following account balances on its financial statements at December 31, 2019. 
-Refer to California Condos. On January 1, there was a $0 balance in the salaries payable account. How much cash did the company pay for salaries during the year?

California Condos California Condos Uses the Accrual Basis of Accounting, and Had