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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