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A company uses the direct method to prepare the statement of cash flows. It presents the following amounts on its financial statements. *Relates solely to
A company uses the direct method to prepare the statement of cash flows. It presents the following amounts on its financial statements. *Relates solely to the acquisition of inventory What will appear in the operating activities section related to salaries payable? A. The increase of exist9, 500 will be subtracted from salary expense to determine payments to employees. B. The increase of exist9, 500 will be subtracted from net income. C. The increase of exist9, 500 will be added to salary expense to determine payments to employees. D. The increase of exist9, 500 will be added to net income
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