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4. The income statement for Asay Corp lists Other Expenses as $100,000. The operating accounts related to Other Expenses are Prepaid Expenses and Other Accrued
4. The income statement for Asay Corp lists Other Expenses as $100,000. The operating accounts related to Other Expenses are Prepaid Expenses and Other Accrued Expenses. The previous year balance sheet has Prepaid Expenses at $10,000 and Other Accrued Expenses at $15,000. The current year balance sheet has Prepaid Expenses at $3,000 and Other Accrued Expenses at $18,000. Calculate Cash Paid for Other Expenses for Asay Corp (+2). Hint: see Chapter Supplement A
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