Reference no: EM132532879
The income statement for joy company included the following expense for 1990, rent expense $ 5,200, interest expense $ 7,800, salaries expense $ 83,700, listed below are related balance sheet account balances at year end for last year (1989) and this year (1990)
last year this year
prepaid rent .................... - .................. $900
interest payable .................... $1,200 ...................... _
salaries payable .................... $5,000 ...................... $9,600
Required
Question 1: compute the cash paid rent during 1990
Question 2: compute the cash paid interest during 1990
Question 3: compute the cash paid for salaries during 1990
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