Question
You are developing an accrual-adjusted income statement from a cash income statement. During the year, accounts payable increased. What is the adjustment you need to
You are developing an accrual-adjusted income statement from a cash income statement. During the year, accounts payable increased. What is the adjustment you need to make?"
add ending accounts payable to income
add ending payable to expenses
add the increase in accounts payable to income
add the increase in accounts payable to expenses
no change
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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