How do Sheehans accrued liabilities affect the companys statement of cash fl ows for 20X6? a. Increase

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How do Sheehan’s accrued liabilities affect the company’s statement of cash fl ows for 20X6?

a. Increase in cash used by investing activities

b. Increase in cash provided by operating activities

c. Increase in cash used by fi nancing activities

d. They don’t, because the accrued liabilities are not yet paid

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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