If salaries payable was $75,000 at the beginning of the year and $65,000 at the end of

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If salaries payable was $75,000 at the beginning of the year and $65,000 at the end of the year, should $10,000 be added to or deducted from income to de¬ termine the amount of cash flows from operating activities by the indirect method? Explain.

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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