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What amount should oriole report for accrued salary payable

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Question

Oriole Company's salaried employees are paid biweekly. Occasionally, advances made to employees are paid back by payroll deductions. Information relating to salaries for the calendar year 2018 is as follows:

12/31/2017 Employee advances 25000 Accrued salaries payable 160000

12/31/2018 Employee advances 36000 Accrued salaries payable ?

Salaries expense during the year 1410000 Salaries paid during the year (gross) 1240000

At December 31, 2018, what amount should Oriole report for accrued salaries payable?

Reference no: EM132344323

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