If accrued liabilities increased during the year, which of the following is correct when using a spreadsheet
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If accrued liabilities increased during the year, which of the following is correct when using a spreadsheet to complete the statement of cash flows (indirect method)?
a. Increase in Accrued Liabilities would be debited
b. Increase in Accrued Liabilities would be credited
c. Accrued Liabilities would be debited
d. None of the above is correct.
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Related Book For
Horngrens Financial And Managerial Accounting The Managerial Chapters
ISBN: 9781292412337
7th Global Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
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