The beginning balance of accrued wages and salaries payable


Question - Reno Construction Company reported wage and salary expenses of $195,000 on its annual income statement. It reported cash paid to employees of 165,000 on its statement of cash flows. The beginning balance of accrued wages and salaries payable was 20,000. What was the ending balance in accrued wages and salaries payable?

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Accounting Basics: The beginning balance of accrued wages and salaries payable
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