If salaries payable was $75,000 at the beginning of the year and $65,000 at the end of

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If salaries payable was $75,000 at the beginning of the year and $65,000 at the end of the year, should $10,000 be added to or deducted from income to determine the amount of cash flows from operating activities by the indirect method? Explain.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: May 29, 2012 05:35 AM

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If salaries payable was $75,000 at the beginning of the year and $65,000 at the end of

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Financial Accounting An Integrated Statements Approach

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