During the year, Salaries Payable decreased by $9,000.If Salary Expense was $155,000 for the year, the cash paid to employees was
A)$173,000.
B)$164,000.
C)$155,000.
D)$146,000.

Name: During the year, Salaries Payable decreased by $9,000.If Salary Expense was $155,000 for the year, the cash paid to employees was A)$173,000. B)$164,000. C)$155,000. D)$146,000.
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Question

Quizplus · Accepted Answer

The cash paid to employees is calculated by adding the decrease in Salaries Payable to the Salary Expense: $155,000 + $9,000 = $164,000.

During the Year, Salaries Payable Decreased by $9,000