Which of the following current liability accounts is included in the adjustment of expenses to obtain cash

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Which of the following current liability accounts is included in the adjustment of expenses to obtain cash flow from operating activities?

(a) Accounts payable.

(b) Notes payable and current maturities of long-term debt.

(c) Accrued liabilities.

(d) Both (a) and (c) 

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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