Cash outflows for salaries in 2021 were

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Question: Schneider Inc. had salaries payable of $61,300 and $90,800 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,600 in salaries expense in its income statement. Cash outflows for salaries in 2021 were:

Reference no: EM133433686

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Cash outflows for salaries in 2021 were : Schneider Inc. had salaries payable of $61,300 and $90,800 at the end of 2020 and 2021, respectively. During 2021, Schneider recorded $621,600 in salaries

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