How much did clean dirt pay in cash for salaries, Accounting Basics

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How much did clean dirt pay in cash for salaries

Clean Dirt, Inc. had $8,000 of salaries payable at December 31, 2010. During 2011, Clean Dirt's salary expense was $60,000. At December 31, 2011, Clean Dirt's balance sheet showed $5,000 of salaries payable. How much did Clean Dirt pay in cash for salaries during 2011?

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Accounting Basics: How much did clean dirt pay in cash for salaries

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Accounting Basics: How much did clean dirt pay in cash for salaries

Reference No:- TGS0707700

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What was hadlock industries cash flow from financing

Q : Blue mountain power company obtained authorization

Q : Determine the balances of the partners

Q : Why the advertising costs could be eliminated

Q : How much did clean dirt pay in cash for salaries

Q : Prepare the entry to record the interest expense

Q : Explain the business and salary expense

Q : What is the difference in total dollars that will be paid

Q : Determining the price variance at the point of purchase

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much did clean dirt pay in cash for salaries

Reference No:- TGS0707700

Recent Questions Asked Accounting Basics

Q : What was hadlock industries cash flow from financing

Q : Blue mountain power company obtained authorization

Q : Determine the balances of the partners

Q : Why the advertising costs could be eliminated

Q : How much did clean dirt pay in cash for salaries

Q : Prepare the entry to record the interest expense

Q : Explain the business and salary expense

Q : What is the difference in total dollars that will be paid

Q : Determining the price variance at the point of purchase

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