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A company's salaries payable account decreased by $1,000 during the year. Which of the following will appear on the statement of cash flows prepared using

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A company's salaries payable account decreased by $1,000 during the year. Which of the following will appear on the statement of cash flows prepared using the indirect method? An addition under operating activities A deduction under investing activities An addition under investing activities A deduction under operating activities According to the 2011 edition of Accounting Trends and Techniques, approximately what percentage of companies use the direct method to report cash flows provided by operating activities? 98% 67% 2% 33%

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