The 2014 income statement for moring company

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The 2014 income statement for Moring Company showed rent expense of $9,500 and wages expense of $8,600. The related balance sheet account balance at year-end last year and this year were as follows:

                                                                              2014              2013

                        Prepaid Rent                                 $900              $300

                        Salaries and Wages Payable         500                400

 

Calculate the following for 2014:

1.         Cash paid for rent.

2.         Cash paid for wages.

 

Reference no: EM13840590

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