If salaries payable was $100,000 at the beginning of the year and $75,000 at the end of

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If salaries payable was $100,000 at the beginning of the year and $75,000 at the end of the year, should the

$25,000 decrease 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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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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