Operating expenses for the year amounted to 826,400. Accrued operating expenses were 42,400 at commencement of the

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Operating expenses for the year amounted to £826,400. Accrued operating expenses were £42,400 at commencement of the year and £58,900 at the year-end. Depreciation of non-current assets in the year was £112,400. Identify the cash outflow on operating expenses in the year.

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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