If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of

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If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of the year, should $15,000 be added to or deducted from income to determine the amount of cash flows from operating activities by the indirect method? Explain.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 06:25 AM

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If salaries payable was $75,000 at the beginning of the year and $60,000 at the end of

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