Current Liabilities and Cash Flows In the statement of cash flows, how should the following appear? A
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A decrease in a current liability account
An increase in a current liability account
Should changes in current liability accounts always appear in the Operating Activities category? Give an example of a current liability account that may not appear in the Operating Activities category.
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Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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