Q11-50. How do Sheehans accrued liabilities affect the companys statement of cash flows for 20X6? a. They
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Q11-50. How do Sheehan’s accrued liabilities affect the company’s statement of cash flows for 20X6?
a. They don’t, because the accrued liabilities are not yet paid
b. Increase in cash provided by operating activities
c. Increase in cash used by investing activities
d. Increase in cash used by financing activities ________________________________________
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Related Book For
Financial Accounting International Financial Reporting Standards Global Edition
ISBN: 9781292211145
11th Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
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