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Business, 12.12.2019 23:31 TheRunningPotatoe245

During 2018, the first year of operations, silver, inc., pays salaries of $175,000. at the end of the year, employees have earned salaries of $20,000, which are not paid by silver until early in 2019. what is the amount of the deduction for salary expense?

a. if silver uses the accrual method, $195,000 in 2018 and $0 in 2019.

b. if silver uses the accrual method, $175,000 in 2018 and $20,000 in 2019.

c. if silver uses the cash method, $175,000 in 2018 and $0 in 2019.

d. if silver uses the cash method, $0 in 2018 and $195,000 in 2019.

e. none of these choices are correct.

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During 2018, the first year of operations, silver, inc., pays salaries of $175,000. at the end of th...
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