During 2011 mail direct inc incurred salary expense of


Question - During 2011, mail direct, inc , incurred salary expense of $67,250, as shown on income statement. The January 1, 2011, balance sheet showed salaries payable of $10,450; and the December 31,2011, balance sheet showed salaries payable of $15,150. What adjustment to net income would be shown in the operating section of the statement of cash flows prepared using the indirect method related to this information? How much was paid to employees (for salaries) during 2011?

A. What adjustment to income would be shown in the operating section of the statement of cash flows?

B. What is the cash paid salaries?

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Accounting Basics: During 2011 mail direct inc incurred salary expense of
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