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The taxes payable account increased from the beginning of the accounting period to the end of the accounting period. This impacts cash flow through a
The taxes payable account increased from the beginning of the accounting period to the end of the accounting period. This impacts cash flow through a
A. Decrease
B. Increase
C. Has no effect
D. None of the above
Taxes Payable is a liability so if a liability increase that means your source of cash increases so It would be B. increase right?
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