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Which statement is false ? Salaries expense + Decrease in salaries payable = Cash payments to employees Sales revenue Increase in accounts receivable = Cash
Which statement is false?
Salaries expense + Decrease in salaries payable = Cash payments to employees
Sales revenue Increase in accounts receivable = Cash collections from customers
Other revenues + Increase in unearned revenues Gains on disposal of assets Equity investment income = Other operating cash receipts
Other expenses + Decrease in prepaid expenses Depreciation expense + Losses on disposal of assets Equity investment loss = Other operating cash payments
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