Question
Operating expenses, other than depreciation, for the year were $563,000. Accrued expenses decreased by $47,000. Using the direct method, determine the cash payments for operating
Operating expenses, other than depreciation, for the year were $563,000. Accrued expenses decreased by $47,000. Using the direct method, determine the cash payments for operating expenses to be reported on the cash flow statement.
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
