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ssignment Testbank Multiple Choice Question 100 The income statement of Swifty Corporation for 2020 included the following it
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Kieso, Intermediate Accounting, 17e actice Assignment Gradebook ORION Downloadable eTextbook gnment Testbank Brief Exercise 1
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Answer #1

Multiple choice question 100:

Cash paid for Salaries and Wages during 2020 is $201,400

Answer is C.

Salaries and Wages payable
Particulars Amount Particulars Amount
Cash 201,400 Opening Balance 8,700
Salaries and Wages Expense 210,000
201,400 218,700
Closing Balance 17,300
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