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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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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Question Posted: Feb 02, 2024 05:01 AM

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If accrued liabilities increased during the year, which of the following is correct when using a spreadsheet

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Horngrens Financial And Managerial Accounting The Managerial Chapters

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