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Harlem Tool Die reported salary expenses of $155,000 on its 20X1 income statement. It reported cash paid to employees of $136,000 on its cash flow...
Harlem Tool & Die reported salary expenses of $155,000 on its 20X1 income statement. It reported cash paid to employees of $136,000 on its cash flow statement. Beginning balance of wages payable was $8,000. What is the ending balance of wages payable? (ignore payroll taxes)