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Business, 13.02.2020 20:04 efritzke

Taylor Company had a salaries payable balance of $420,000 on December 31, 2013. During 2014, it paid $550,000 in cash as salaries, and recorded a salary expense of $500,000. What is its December 31, 2014, salaries payable balance?A. $50,000B. $18,000C. $100,000D. cannot be determined from the information provided

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