Impact of Transactions Involving Current Liabilities on Statement of Cash Flows From the following list, identify whether the change in the account balance during the year would be reported as an operating (O), an investing (I), or a fi nancing (F) activity or not separately reported on the statement of cash fl ows (N). Assume that the indirect method is used to determine the cash fl ows from operating activities.

____________ Accounts payable ____________ Current maturities of long-term debt ____________ Notes payable ____________ Other accrued liabilities ____________ Salaries and wages payable ____________ Taxes payable.AppendixLO1