Go to http://investor.kelloggs.com/annuals.cfm, to access the Kelloggs 2010 Annual Report and find the balance sheet of Kelloggs.

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Go to http://investor.kelloggs.com/annuals.cfm, to access the Kellogg’s 2010 Annual Report and find the balance sheet of Kellogg’s. Did Kellogg’s Accounts Payable go up or down from 2009 to 2010? What does this change mean? Into what category does Accounts Payable fall by rules of debit and credit? Which side of the T account would make Accounts Payable increase?

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