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Employees of Richardson Co. worked the week ending December 31, but will not be paid until January. How will this transaction appear on the Richardsons
Employees of Richardson Co. worked the week ending December 31, but will not be paid until January. How will this transaction appear on the Richardsons January statement of cash flows?
An increase in cash in the operating activities section | ||
A decrease in cash in the operating activities section | ||
An increase in cash in the financing activities section | ||
A decrease in cash in the financing activities section | ||
Does not appear in the statement of cash flows |
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