I M Preparing The Cash Flows From Operating Activities Section Of The Statement
I’m preparing the cash flows from operating activities section of the statement of cash flows, and I’m trying to determine the amount of cash paid for salaries. I have the following information: The salaries payable balance as of December 31, 2008 is $35,000 and the balance as of December 31, 2009 is $44,000. Salaries expense is $9,000.
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